Tag Archives: squeeze

* Asian stock markets : https://tmsnrt.rs/2zpUAr4 * Asia markets down broadly, S&P futures pare losses * Apple, Facebook slip despite upbeat results * Talk of distressed selling by hedge funds as shorts squeezed * Dollar gets safe-haven bid as euro backtracks By Wayne Cole SYDNEY/NEW YORK , Jan 28 (Reuters) – Asian shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines served as an excuse to book profits on recent hefty… Source link

GameStop (GME) shares soared than 130% before coming back down to sit above 100$/each by mid-session on Monday following a crush on short-sellers. The stock was temporarily halted for trading throughout the morning, and at one point, dipped into red territory. On Friday shares of the video game retailer closed 51% higher as short-sellers and reddit WallStreetBets users clashed causing a massive short squeeze on the stock. A short squeeze forces those who bet against the stock to buy in order… Source link

The Kansas City Chiefs won on Sunday and advanced to their third straight AFC championship game. And nobody was talking about that after the game. Patrick Mahomes, considered by many to be the NFL’s best player, suffered an injury in Sunday’s AFC divisional-round playoff game against the Cleveland Browns. He was hit on a called run play and was unsteady as he got up. The Chiefs said he was being evaluated for a concussion and ruled him out shortly after. Kansas City survived, barely,… Source link

President Donald Trump has been kicked off of most mainstream social-media platforms following his supporters’ siege on the U.S. Capitol. But it remains to be seen how fast or where — if anywhere — on the internet he will be able to reach his followers. The far-right-friendly Parler had been the leading candidate, at least until Alphabet’s GOOG, +1.12% GOOGL, +1.32% Google and Apple AAPL, +0.86% … Source link