In reality, the Robinhoods are not the ones who stand to gain the most from all this commotion...and let's not forget that now they will have to sell... Strong gains in shares of GameStop Corp and other stocks this week have been described as popular market revolts. But among the winners are some of Wall Street's biggest asset managers, who stand to profit both from their holdings and from lending shares to short-sellers.
Finally, we show the price reaction with BlackBerry stock, which has been unable to maintain the high prices reached in Wednesday's frenzy to drop significantly (just as its trading volume dropped).
Tesla shares closed the session on Thursday, January 07, 2021 with an advance of 7.94 %, to $816.99, placing the company's capitalization at about $773,000 million (see graph), compared to just over 765,000 million Facebook, which on Friday gained 2.06 %.
At the end of the first presidential debate on Tuesday (September 29), which was marked by personal attacks between the two and the lack of concrete proposals for the United States, some falls in the futures of the Main Stock Market Indexes, were triggered at approximately 10:30 p.m. in New York City.
The week begins with significant falls in most of the risk assets, starting with the Asian market, where Standard Chartered, Barclays, HSBC and Deutsche Bank will register falls of more than 4% in the stock market this Monday after the publication during the weekend of a series of information prepared by the International Consortium of Investigative Journalists (ICIJ) in which it is stated that these banks did not establish the necessary controls to prevent money laundering through their system.
