Page 58 - Gabe Plotkin News Today

GameStop Corp. sales rose as people returned to its stores last quarter, but its loss widened, damping investors’ hopes for a turnaround

The hedge fund manager's Melvin Capital—bailed out in part by Chicago billionaire Ken Griffin following the great meme-stock meltdown of 2021—is a cautionary tale.

Stock pickers are beating the S&P 500 in droves, but it’s a mistake to assume their success will persist.

Home prices in the U.S. surged by 20.6% in March from the same month last year as mortgage rates also jumped and averaged 5%.

We have used the latest available revenue numbers to rank the ten biggest semiconductors and other electronic components companies.

In this article, we discuss the 10 biggest losers in Gabriel Plotkins Melvin Capital portfolio.

The three benchmark indexes in the stock market rose on Monday, but the correction could continue.

Reporter:some breaking news this morningon this gamestop story. gabe plotkin saying thatmelvin capital has been out, closed out its position. - the numbers and whathes down is dramatic. so the questionwill become there, what is the futureof that firm? unclear. stock expert: around 10:30or 11 oclock in the morning, it comes out that thisbig fund, melvin capital, is short the stock andfeeling the pain, and they are takingmassive losses. this really emboldensthe wallstreetbets crowd. they justtook ...

Gabe plotkin, and roaring kitty,the trader keith gill. reporter:no doubt lawmakers are furious and they want to havehearings about this. the problem is goingto most likely be that the systemis designed terribly. the system gets abused.and they need to make changes. - first of all, to me, this was a whole dogand pony show. - first, robinhood securitiesput the restrictions in place in an effort to meet increasedregulatory deposit requirements,not to help hedge funds. - you can read body language.y...

Successful fund managers are piling into these four time-tested companies.