Daily Archives: 29 January 2021

7 posts

The ‘Roaring Kitty’ Rally: How a Reddit User and His Friends Roiled the Markets by BY NATHANIEL POPPER AND KELLEN BROWNING

By BY NATHANIEL POPPER AND KELLEN BROWNING A Massachusetts man who goes by ‘Roaring Kitty’ on social media helped fuel the frenzy around GameStop. His $53,000 investment in the company briefly reached $48 million in value. Published: January 29, 2021 at 11:00AM from NYT Technology https://ift.tt/2MDYaGU

Robinhood, in Need of Cash, Raises $1 Billion From Its Investors by BY KATE KELLY, ERIN GRIFFITH, ANDREW ROSS SORKIN AND NATHANIEL POPPER

By BY KATE KELLY, ERIN GRIFFITH, ANDREW ROSS SORKIN AND NATHANIEL POPPER The no-fee trading app, which is popular with young investors, has been strained by the high volume of trading this week in stocks such as GameStop. Published: January 29, 2021 at 06:54AM from NYT Technology https://ift.tt/3iWFOgq