The Daily Money: Will GameStop come crashing down?

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The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Friday, January 29 Happy Friday, Daily Money subscribers, it's Nathan Bomey once again. Let's dive right into it. Total chaos. That summarizes what's happening in the markets with stocks like GameStop and AMC, which have been experiencing astonishing volatility. This morning, GameStop shares briefly doubled after tumbling yesterday. Then they declined again. Investors have been rallying on Reddit: Here's how that happened. Thursday was particularly tumultuous as the investment app Robinhood set off a firestorm when it temporarily restricted investors from buying shares of GameStop, AMC and several other companies. Retail investors have been celebrating a short-term victory as they've caused losses for sophisticated Wall Street investors who shorted the stocks. But some are already warning that losses are coming. In fact, it could get really ugly. Could it affect your 401(k) account? Check out our story. On to more Money & Tech news below. --Nathan Bomey, USA TODAY Money reporter GameStop surges as Robinhood lifts some trading restrictions Shares of GameStop, AMC and other stocks rebounded Friday after Robinhood said it will resume limited trading. GameStop-Robinhood stock-buying frenzy echoes Trump... How a Reddit group moved the markets Should you pay off student debt or is loan forgiveness... How COVID has changed which safety features car buyers... GameStop gamers risk real money on Wall Street Watch out, Redditors. What's the plan when GameStop... Are 401(k)s safe if stocks like GameStop, AMC can go... Robinhood to resume GameStop, AMC trading GM aiming for all-electric lineup by 2040   FOLLOW US Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2021 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102

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The Daily Money: What the heck is happening with GameStop?

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The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Thursday, January 28 Good morning, Daily Money readers, it's Nathan Bomey again.  What the heck is happening with GameStop? If you haven't been paying attention, individual investors have rallied together on social media to drive up the shares of the struggling retailer, crushing sophisticated investors who had shorted the stock. It's a battle royale and it shows no signs of stopping. Who will come out on top? Investors are calling this whole movement "short squeezing." Here's what that entails. Meanwhile, were you surprised by the recent bankruptcy filing of the National Rifle Association? You're not the only one. Some legal experts say the NRA doesn't belong in bankruptcy since the group says it doesn't have any financial problems. Finally, do you rely on those 40% coupons at Hobby Lobby? Time is running out. Check out more Money & Tech news below. --Nathan Bomey, Money reporter The NRA says its finances are solid. So why is it filing for... The National Rifle Association bragged it is on solid financial footing. So why did it file for Chapter 11 bankruptcy? GameStop pits small investors against 1% Hobby Lobby is discontinuing 40% off coupons Rate of traffic deaths rises during COVID as open... What does Reddit have to do with GameStop, AMC stock... Economy grew 4% in Q4 as consumer spending gains slowed 3 moves to make before doing a balance transfer Investing isn't complicated. How I started with $100. Grape-Nuts cereal out of stock amid COVID-19 Short squeezes: Everything you need to know   FOLLOW US Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2021 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102

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