amateurs | Common News Update

Getty ImagesShares in a US games company have soared more than 300% in the past week - the result of a fight between private and professional investors.Video games bricks-and-mortar retailer Gamestop is arguably something of a relic in a world moving online.But its share price soared another 120% in Wednesday trading in New York. Analysts blame tech-savvy young day traders, who they say are taking on hedge funds in a conflict with generational overtones.And the phenomenon could be spreading to Europe, with several stocks subject to unusual fluctuations in Wednesday trading.It's a battle between Wall Street pros and upstart investors using social media platforms such as Reddit, analysts say. And at the moment, the upstarts have the upper hand.It is, says Neil Wilson from markets.com, gettin...

INEVITABLE DEFEAT The Danish senior players are refusing to play over a dispute with their FA over commercial rights Denmark fell to a 3-0 defeat while fielding amateur players for their friendly against Slovakia on Wednesday night. The nation’s first choice stars are currently refusing to sign a new national team agreement with the Danish Football Association as they are in a stand-off over commercial rights. Tottenham’s Christian Eriksen was among the group not playing As such, the country were forced to select eleven little-known players for their friendly against a strong Slovakian side in Trnava. Premier League stars Christian Eriksen, Andreas Christensen and Kasper Schmeichel missed out while Christian Offenberg, a salesman,...

Tag: amateurs

Gamestop: ‘Failing’ firm soars in value as amateurs buy stock

Denmark amateurs beaten 3-0 by Slovakia as country’s main stars remain in stand-off