GameStop CFO to step down after Reddit driven stock rally

© Reuters. FILE PHOTO: FILE PHOTO: A GameStop store is pictured in New York By Jessica DiNapoli and Subrat Patnaik NEW YORK (Reuters) – GameStop (NYSE:) Chief Financial Officer Jim Bell will step down next month, the video game retailer said on Tuesday, as it focuses on shifting into technology-driven sales in the wake of […]

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Oil Squeeze, Jobless Claims, GameStop Hearing – What’s up in Markets

© Reuters By Geoffrey Smith  Investing.com — Texas power outages continue to hit households – and the state’s oil output. Jobless claims and housing market data are due, and the House of Representatives holds a hearing on the GameStop (NYSE:) short squeeze. Stocks are lower as the great reflation trade takes a breather and Facebook (NASDAQ:) […]

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GameStop frenzy reveals potential for broader market stress

2/2 © Reuters. FILE PHOTO: The “Fearless Girl” sculpture is seen outside NYSE during a snow storm in New York 2/2 By April Joyner NEW YORK (Reuters) – As the trading frenzy in GameStop Corp (NYSE:) shares and other social media favorites recedes, investors are eyeing signs of potential market stress that could weigh on […]

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Yellen seeks to ‘understand deeply’ GameStop frenzy as market regulators meet

© Reuters. FILE PHOTO: U.S. President-elect Joe Biden announces members of his economic policy team in Wilmington, Delaware By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that she and financial market regulators needed to “understand deeply” what happened in the recent trading frenzy involving GameStop Corp (NYSE:) and other […]

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