category

Investing Playbook

WallStreetBets founder reckons with legacy amid stock market frenzy

Jaime Rogozinski never imagined the Reddit community he created in 2012 would morph into a force so powerful that it would send GameStop Corp. shares into overdrive, nearly topple a hedge fund and leave professional money managers around the country staring at Twitter with their mouths agape.

Citadel shoots down Robinhood link

Billionaire Ken Griffin's hedge fund Citadel LLC and the market maker Citadel Securities say they had nothing to do with the app Robinhood suspending some trading in stocks that have recently experienced a surge in volatility.

Short squeezes: Everything you need to know about the recent investing movement

Obviously, this level of volatility is highly unusual. The recent price action in GameStop and several other stocks can be attributed to a phenomenon known as a short squeeze. Here's a closer look at what that means, how it works, and why it can cause massive spikes in stock prices like we've seen this week.