Reddit shares jumped as much as 70% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in 2019. The 19-year-old website that hosts millions of online forums priced its IPO on Wednesday at $34 a share, the top of the expected range. … Read more
Jack Bogle Mark Lennihan | AP Boring investing is making a comeback. With the meme-stock rally in the rearview mirror and interest rates surging, individual investors are rediscovering the philosophy made famous by Vanguard’s founder, Jack Bogle. The father of market indexes preached low-cost, passive investments that compound over years. Fans call themselves “Bogleheads,” and … Read more
A scene from the trailer for the movie: Dumb Cash Courtesy: Sony Photos Leisure As shares of GameStop begin to climb in late 2020 and the early days 2021, within the midst of the pandemic, characters within the new film “Dumb Cash” encourage their buddies to promote. There’s Pete Davidson, enjoying the brother of Paul … Read more
Ryan Cohen from an look on CNBC. CNBC GameStop fired its CEO Matthew Furlong and appointed its board chairman Ryan Cohen as government chairman efficient instantly, the corporate stated Wednesday. Shares of GameStop dropped greater than 20% in prolonged buying and selling after the online game retailer introduced the termination. It launched the information on … Read more