A Citigroup analyst runs the numbers on a plan floated by the video streamer to offer an ad-supported service tier. It’s all about the free cash flow. Read More...
Motley Fool
Why GameStop Is Racking Up Another Day of Huge Gains
With GameStop’s share gains yesterday and so far today, it could certainly generate a squeeze as short-sellers rush to cover their positions. It’s why it’s not wise to short a stock like the video game retailer or fellow meme stock AMC Entertainment since, as economist John Maynard Keynes once noted, the market can be irrational longer than you can remain solvent. The stock has rallied sharply higher, giving hope to belief the MOASS finally arrived, only to quickly give up all the gains and more.
