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Koss Family, Insiders Get Rich On Stock Jump


Company insiders cash in on Wall Street feud. And the Journal Sentinel s huge error.
By
Jeramey Jannene - Feb 10th, 2021 01:31 pm
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Koss Corporation headphones. (Pixabay License).
While national media attention focused on GameStop, several other companies were caught in the crosshairs of a stock market fight between pessimistic hedge funds and aggressive retail traders, including Milwaukee’s own Koss Corporation.
The headphone manufacturer’s stock surged to record highs as retail traders started buying large numbers of shares in late January.
Koss, with just over 30 employees, saw its market value climb from approximately $20 million to more than $1 billion as its stock went from trading around $3 per share to briefly more than $120. ....

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KOSS, AMC Insiders Dumped Millions Of Shares Into Reddit-Raid-Rally

KOSS, AMC Insiders Dumped Millions Of Shares Into Reddit-Raid-Rally
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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04Feb2021 Pre-Market Commentary: Micro-Caps Are Soaring As GameStop Losses 90%, DOW +260 At 12:30 ET, Nasdaq +0.7%, Gold Falls Below 1800, Shells Profits Plunge 87%


Taco Bell owner Yum Brands earnings top estimates, despite blow of international Covid restrictions (SPY +0.5%). Biggest midday movers: Qualcomm, eBay, GameStop.
Here is the current market situation from CNN Money
European markets finished mixed as of the most recent closing prices. The DAX gained 0.91%, while London s FTSE 100 was off 0.06%. Shares in France were unchanged with the CAC 40 at 5,563.05.
What Is Moving the Markets
Here are the headlines moving the markets.
The COVID-19 Pandemic Has Upended Global Energy Investment Trends
The pandemic has not broken but intensified global energy trends that emerged on the eve of COVID-19, whether it be the collapse of coal-fired power generation, the growing surplus of oil production, or the booming interest in renewables The further 2020 goes into history, the clearer the extent of last year s collapse in fossil fuel demand becomes. According to the Energy Information Administration (EIA), in 2020, global ....

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