Gabe Plotkin News
14.05 / 01:03
15.05 / 10:53
UPS
Target
Entertainment
GameStop
Reddit
Trade
roaring kitty
Is Roaring Kitty the internet’s Warren Buffett?
The question everybody on Wall Street is asking this week: How is GameStop suddenly a big thing again? However, the more interesting question might be: Why was it still kind of a thing last week? On Tuesday, shares in videogame retailer GameStop rose 60% to $49 a piece, having already gained 74% Monday. Those of AMC Entertainment were up 135% on the week at Tuesday’s close. This new rally was triggered by X user “Roaring Kitty," who had been inactive for almost two years before posting a drawing of a man leaning forward on a chair.
24.08 / 21:57
UPS
Nike
star
dance
How billionaire basketballer Michael Jordan just keeps getting richer
Michael Jordan is the greatest basketball player of all time. And the richest.
03.08 / 17:21
FIVE
country
Michael Jordan's sale of majority ownership of Hornets to Gabe Plotkin and Rick Schnall is finalized
The Charlotte Hornets have announced that the sale of the majority stake in the franchise from six-time NBA champion Michael Jordan to Gabe Plotkin and Rick Schnall has been finalized
25.07 / 06:25
country
NBA Board of Governors approves Michael Jordan's sale of the Charlotte Hornets, AP source says
According to a person familiar with the situation, the NBA Board of Governors has voted to approve Michael Jordan’s sale of the Charlotte Hornets to an ownership group led by Gabe Plotkin and Rick Schnall
24.07 / 15:59
country
NBA Board of Governors approves Michael Jordan's sale of the Charlotte Hornets, AP source says
According to a person familiar with the situation, the NBA Board of Governors has voted to approve Michael Jordan’s sale of the Charlotte Hornets to an ownership group led by Gabe Plotkin and Rick Schnall
03.07 / 11:45
UPS
Career
Nike
Forbes
Net Worth
stake
Michael Jordan Is Selling His Majority Stake in the Hornets—Here’s Jordan’s Net Worth
Legendary basketball player Michael Jordan agreed to sell his majority stake in the Charlotte Hornets to a group led by Hornets minority owner Gabe Plotkin and Atlanta Hawks minority owner Rick Schnall, according to a release by the NBA last week.Jordan is selling his majority stake in the Hornets at an estimated $3 billion valuation, ESPN reported.
27.06 / 10:19
GameStop
How Robinhood fought for survival when meme stocks exploded
Robinhood struggled to handle huge volumes of stock trading and sparred with its principal customer, market maker Citadel Securities, during the week in January 2021 when meme stocks exploded, according to a report from the Democratic staff of the House Financial Services Committee.
19.05 / 12:27
GameStop
Melvin Capital, which took a bath on GameStop and meme stocks, to liquidate funds
Melvin Capital plans to close its funds and return the cash to its investors, capping a stunning reversal for a firm that lost big on the surge in meme stocks in the early days of the pandemic.
19.05 / 01:39
UPS
GameStop
Melvin Capital says it's winding down funds and returning money to investors during market turmoil
Melvin Capital Management, the hedge fund burned by the GameStop mania, said it will unwind its funds and return cash to investors as losses accelerated during the market turmoil this year, CNBC confirmed.
25.04 / 09:59
Hedge fund Melvin Capital scraps plans to restart charging performance fees
Gabe Plotkin scrapped a plan to start charging performance fees again at his beleaguered hedge fund, Melvin Capital Management, after encountering backlash from investors.
21.04 / 06:31
UPS
ETF
Waters
Embattled hedge fund Melvin Capital weighs unwinding current fund to start new one, sources say
Melvin Capital, the embattled hedge fund run by its once high-flying founder Gabe Plotkin, has been discussing a novel plan with its investors under which the firm would return their capital, while giving them the right to reinvest that capital in what would essentially be a new fund run by Plotkin.
details regarding Gabe Plotkin
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