Tag: GameStop Corp. Cl A

Opinion: Meme stock investors are bringing AMC and other troubled companies back to life

During the takeover battles of the 1980s, the term “white squire” designated a significant bloc shareholder that management enlisted to deter or defeat unwanted bids for corporate control. For example, Warren Buffett’s Berkshire Hathaway and Lazard Freres’ Corporate Partners were white squires. In proxy contests nowadays, management cultivates its quality shareholders (those that are long-term and focused) […]

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Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he’s wagering it all in one final push to $3 million

Don’t invest like Andrew Dawood — you may never be as lucky. The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million on a series of white-knuckle bets on bitcoin BTCUSD, -4.42%, Chinese electric-vehicle maker NIO NIO, -0.75%, and videogame-retailer GameStop Corp. GME, -12.64% over a four-year period, he told MarketWatch in […]

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