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Total Global ETF Assets Blow Past The $9 Trillion Mark
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Will Europe s asset managers defy the mantra that big is better?
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AT&T hopes Discovery deal will unlock value - The Washington Post
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GameStop s business brisk amid stock price madness, Wall Street hedge fund closures
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GameStop’s business brisk amid stock price madness, Wall Street hedge fund closures [The Philadelphia Inquirer]
Jan. 29 For the last 2 1/2 weeks, a band of small investors has been bidding up GameStop shares in a bid to punish the hedge fund titans who had bet on the retailer’s demise. The effort was shockingly successful: The stock rose more than 17 times by the market’s close on Wednesday.
But that support began to crumble Thursday as such brokerages as TD Ameritrade, Charles Schwab, E-Trade, Interactive Brokers, and most notably, Robinhood, limited access to trading in GameStop shares, causing its stock to plummet 44% just on Thursday, from $347 to $193 a share. The stock is still up 927% for the year.