Citadel Faces Potential Default on Russian Tech Company
Citadel is facing potential default on convertible bonds from Russia’s Yandex NV. Yandex NV is an internet and technology company that provides an internet search engine in Russia and other international markets. Tigran Khudaverdyan has stepped…
Investors To Pull Out $250m From Hedge Fund Coatue Management
Investors are trying to pull out $250 million from hedge fund Coatue Management. However, the hedge fund is not allowing investors to cash out in full. Sources say Coatue Management is withholding $33 million from client redemptions. Let’s break it…
AMC’s Surging Volume Will Trigger a Short Squeeze
AMC’s trading volume surged to 147.8 million on Wednesday. Prices have surged more than 39% in the past 5 trading days and almost 130% since the past year. Investors who have held the stock since last March have more than doubled their gains in the…
GME Shorts Face Nearly $500 Million in Losses from Surge
GME shorts are suffering approximately $500 million in losses from GameStop’s price surge today. GameStop soared to $123.14 per share, up almost 31% from its previous close of $94.20. And GME shorts are facing the wrath of retail investors yet…
Why Is Citadel Securities Frightened Of The IEX Exchange?
The lawsuit regarding the D-Limit order type is taking place on Monday, October 25th. Citadel is suing the SEC arguing that this new order type from the IEX Exchange will harm tens of millions of retail investors, via Reuters. But will it? Let’s…
