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Wall Street Breakfast

Wall Street Breakfast November 22: Carl Icahn, GameStop Short Position

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 22 November 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

Billionaire investor Carl Icahn said to hold a large GameStop (GME) short position. Moving quickly, Iger launching Disney (DIS) restructuring. Tesla (TSLA) reportedly plans to cut prices in China. Learn more about these stocks with a free trial of Seeking Alpha Premium here.

Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Breakfast, your daily source of market news and analysis.

0:06.8

Subscribe to this podcast on Apple Podcast, Spotify or Stitcher.

0:11.4

Good morning. Today is Tuesday, November 22nd, and I'm your host Julie Morgan.

0:16.6

Our top stories.

0:18.3

Carl icon has a position in GameStop, but what is it?

0:22.4

Is Genesis filing for bankruptcy? Tesla and Chinese stocks are in our day watch. Tesla is reportedly cutting prices in China again.

0:31.0

Lawmakers would like a closer look into SoFi's crypto activities.

0:36.1

The restructuring at Disney has already begun and food safety concerns at Beyond Meat.

0:42.6

I want to give you a little of a behind the scenes look at how I prepare for the

0:47.1

podcast each day.

0:48.9

One of the stories we're covering today is Beyond Meat.

0:52.4

To add more context, I went to Seeking Alpha and checked out the company's stock page.

0:57.0

It has a ton of information from earnings dates to how the stock is performing

1:02.0

relative to its peers. It also includes the

1:04.8

quant rating that Seeking Alpha's way of telling you how they feel about a stock,

1:10.0

buy, sell, or hold. If you want this same information about a stock you're researching,

1:15.1

you can have it with a Seeking Alpha Premium account

1:18.4

and you don't have to commit before you know anything about it.

1:21.6

Go premium free for seven days, yes an entire week and

1:26.0

getting started is easy. Seeking Alpha.com slash subscriptions. Wall Street stumbled out of the gate on the first day of trading in this holiday shortened trading week.

1:37.0

The Dow outperformed the other major averages,

1:40.0

although it still ended the day with a modest decline.

...

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