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SEC

US SEC subpoenas Overstock, seeks information on 2019 retail forecast

US SEC subpoenas Overstock, seeks information on 2019 retail forecast

  • The online retailer and blockchain tech investor is cooperating with the investigation, it said in a regulatory filing, and continues to provide documents requested in the subpoena.
  • Earlier this week, the company posted a surprise quarterly profit and said its revenue soared 84% over the previous year.
Published 26 Feb, 2021 08:36pm
GameStop stock surge hits fourth day, hedge funds walk away
Markets

GameStop stock surge hits fourth day, hedge funds walk away

  • Short-seller Citron, a target for some of the individual traders who have helped drive huge gains for a number of niche Wall Street stocks in the past week.
  • GameStop's stock has surged nearly 700% in the past two weeks, upping the struggling video retailer's market value from $1.24 billion to more than $10 billion.
Updated 27 Jan, 2021 11:24pm