GameStop Corp. (GME)
Pre-market:
- Yahoo Finance
Hedge fund launches plummet to lowest since 2008 financial crisis
A risk-off mood across global financial markets amid persistent market turmoil deterred prospective hedge funders from starting up new firms in the second quarter.
- Motley Fool
Robinhood Is Under Investigation for Broker Manipulation. Here's What It Means for Consumers Like You
For many retail investors, the events of late January 2021 will go down in legend. The year 2020 could be characterized as the rise of the retail investor. Amid the retail revolution, one voice rose to the top.
- Motley Fool
Is GameStop's Big Bet on NFTs Going Bust?
GameStop's (NYSE: GME) current turnaround strategy is still pretty opaque to investors, but what we have seen has been primarily centered on non-fungible tokens, or NFTs, the digital ledger technology that imparts an ownership or usage right to a digital asset. In May, the video game retailer launched GameStop Wallet, a self-custodial Ethereum wallet that a user controls and can access without leaving their browser, following that up in July with an NFT marketplace where tokens can be bought and sold. It remains a mystery exactly how GameStop will survive, let alone thrive, in a video game industry increasingly transitioning to digital and downloaded gameplay.
