Bots hyped up GameStop on major social media platforms, analysis finds

REUTERS

Bots on major social media platforms have been hyping up GameStop and other “meme” stocks, according to an analysis by Massachusetts-based cyber security company PiiQ Media, suggesting organized economic or foreign actors may have played a role in the Reddit-driven trading frenzy. read more »

U.S. SEC subpoenas Overstock, seeks information on 2019 retail forecast

REUTERS

Overstock.com Inc said on Friday it received a subpoena from the U.S. Securities and Exchange Commission in January, seeking information on the company’s 2019 forecast for retail unit and on certain communication with executives and investors. read more »

This change could help keep the GameStop fiasco from happening again

CNN

Part of what made last month's GameStop (GME) trading frenzy such a mess: Right as the stock was hitting its peak, Robinhood and other brokerages placed restrictions on traders' ability to buy it (and other surging "meme" stocks like AMC (AMC)). read more »

Nikola admits ousted chairman misled investors as legal costs mount

CNBC

Embattled electric truck start-up Nikola has admitted its ousted founder and chairman, Trevor Milton, made several inaccurate statements from 2016 through the company’s IPO last year that misled investors. read more »