Brand Story

Analyst Breakdown

• Billionaire hedge fund operator Leon Cooperman inspired many Twitter users to take up a musical instrument on Thursday: the really tiny violin
• Cooperman appeared on CNBC to discuss how Reddit users are buying up shares of GameStop to troll Wall Street traders like, well, Cooperman
• He predicted things would end badly

Analyst Breakdown

• Users of the popular stock-trading app Robinhood expressed outrage on Thursday after the platform abruptly stopped allowing the purchase of high-flying stocks like GameStop and AMC Entertainment Holdings
• Charles Schwab and Interactive Brokers also clamped down on the mostly amateur traders who have driven the price of so-called meme stocks to stratospheric heights in recent days
• Robinhood users pushed back on social media, decrying the actions as “rigged” and “complete bullshit

Analyst Breakdown

• After so many dark months, it is a peculiar relief for the biggest story of the week to be about a gang of online pranksters gaming the stock market
• Over the past several days, a handful of corporate stocks have surged to cartoon-hilarious price levels, as denizens of the website Reddit appear to be deliberately inflating them for fun
• Nothing particularly special has happened to send these stocks, which include video game retailer GameStop and movie theater chain AMC, on their starward trajectory

Analyst Breakdown

• A David and Goliath saga is unfolding in financial markets over the stock price of struggling retail chain GameStop
• On Wednesday, Goliath walked away from the battle
• A pair of professional investment firms that placed big bets that money-losing video game retailer GameStop’s stock will crash have essentially admitted defeat

Analyst Breakdown

• Doctors, nurses and other health care workers have taken on great risks in caring for patients sick with the coronavirus
• But a new study from researchers at the University of California, San Francisco, suggests that workers in other essential fields are even more likely to die from COVID-19
• The researchers analyzed excess deaths among working-age Californians from March to October 2020, and compared the death rates by occupation to previous years

Analyst Breakdown

• MOUNT STERLING, Ky
• (AP) — Nestlé Prepared Foods is recalling more than 762,000 pounds of pepperoni Hot Pockets, the U
• Department of Agriculture’s Food Safety and Inspection Service said