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A sea of red to start the new month after a 2% fall in Wall St on Friday night. Company results once again overshadowed by the “Reddit short-squeeze” and a bit of volatility induced profit-taking. A look at a peculiar development of the short-squeeze saga, with Robinhood moving from hero to villain in the eyes of the punters. Plus, our usual rundown of what the week ahead has in store for us, with the nerves rising just a little as our local reporting season approaches.
CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST
A sea of red to start the new month after a 2% fall in Wall St on Friday night. Company results once again overshadowed by the “Reddit short-squeeze” and a bit of volatility induced profit-taking. A look at a peculiar development of the short-squeeze saga, with Robinhood moving from hero to villain in the eyes of the punters. Plus, our usual rundown of what the week ahead has in store for us, with the nerves rising just a little as our local reporting season approaches.
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