Billionaire David Tepper bullish on stocks, sees rising rates...

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Billionaire David Tepper bullish on stocks, sees rising rates...

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AMC, similarly, had gone as high as $16.50 per share before dropping to about $8 and then inching up to $9.50.  GameStop shares jumped to a high of $483 per share early in the day, then dropped to around $246 by midday ET, only to rally minutes later to more than $300. GameStop and AMC stocks at the center of a multibillion dollar drama between Wall Street investors and social media traders on Reddit have dropped dramatically Thursday. ET, and GameStop shares at least a dozen times.

The New York Stock Exchange as well has stepped in amid the frenzy, temporarily halting AMC trading at least 10 times since the market opened at 9:30 a.m. The moves came after popular stock trading apps such as Robinhood and TD Ameritrade announced they would restrict trades of stocks being heavily bet on, including GameStop and AMC. March 8 (Reuters) - Hedge fund manager David Tepper said it is difficult to be bearish on stocks at present and the recent selloff in U.S. Treasuries that drove up interest rates is over, CNBC reported on Monday, citing an interview with the billionaire.

If you loved this article so you would like to be given more info pertaining to ทางเข้า 1xbet generously visit the web site. The moves mark the spectacle of what some investors call a war between Wall Street and social media traders. As the social media investors pushed shares of the company up, Wall Street has had to recalibrate its bets, pushing shares beyond their all-time highs. The Reddit community r/WallStreetBets has become a central hub of a financial push to hurt Wall Street investors who bet big against GameStop's future. Grand National-winning trainer Gordon Elliott shamed his...

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