GameStop Corp. (NYSE:GME) shares dipped by 7% in pre-market trading following the revelation by Keith Gill, also known as “Roaring Kitty,” of a 6.6% stake in Chewy Inc. (NYSE:CHWY). This news comes as Gill faces a new lawsuit alleging manipulation of GameStop’s stock....
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Markets
Why Nike Shares Are Falling Today
Nike, Inc. (NYSE:NKE) shares are trading lower following fourth-quarter earnings and soft guidance for fiscal year 2025. During a quarterly earnings conference call, Nike’s CFO, Matthew Friend, announced a revised outlook for fiscal 2025, anticipating a...
Over $30M Bet On This Energy Stock? Check Out These 3 Stocks Insiders Are Buying
Although U.S. stocks closed mixed on Tuesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long...