stock market Archives - Baller Alert

Tag Archives: stock market

GameStop To Sell $1 Billion Shares After Reddit Boom, Shares Dip

GameStop shares fell Monday after a report that the company is looking to increase the value of new stock it may sell from $1 million to $1 billion. According to Reuters’ report, GameStop Corp. shares fell 13.9 percent on Monday, after the SEC filing was made public. Earlier this year, GameStop experienced …

Read More »

GameStop CFO Jim Bell Is Resigning

Executive Vice President and Chief Financial Officer of GameStop, Jim Bell, resigns from his role on March 26. His resignation comes after the rise and fall of GameStop’s stock. “The company thanks Mr. Bell for his significant contributions and leadership, including his efforts over the past year during the COVID-19 …

Read More »

Elon Musk Supports AOC After She Calls Out Robinhood App

Elon Musk (Selfie)

Elon Musk is standing by Rep. Alexandria Ocasio-Cortez’s stance against the stock trading app Robinhood. Ocasio-Cortez has asked for a House Financial Services Committee hearing regarding the app’s decision to stop trading GameStop stock, a decision that angered investors.  “This is unacceptable,” Ocasio-Cortez tweeted after the news of the halted …

Read More »

Twitter Reacts to Ja Rule’s Reaction of Robinhood Blocking Shares

Ja Rule Owes Money

Yesterday Twitter was in an uproar about the stock market and the Robinhood Investing app after they blocked users from purchasing certain shares. A rep for Robinhood announced, “In light of recent volatility, we are restricting transactions for certain securities to position closing only, including $AAL, $AMC, $BB, $BBY, $CTRM, …

Read More »