Bailey Lipschultz

Bailey Lipschultz is a reporter at Bloomberg News. She covers technology and media companies. Prior to joining Bloomberg, she was a reporter at TheStreet where she covered Wall Street and the financial markets. Bailey has also contributed to CNBC and Yahoo Finance.

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The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

52%

Examples:

  • GameStop raised approximately $2.14 billion from a share sale program
  • The average sales price of each GameStop share was around $28.49
  • The registration could allow former president Donald Trump and other insiders to sell their stakes.

Deceptions

100%

Examples:

No current examples available.

Recent Articles

GameStop Raises $2.14B in Equity Offering Amid Meme Stock Frenzy and Roaring Kitty's Influence

GameStop Raises $2.14B in Equity Offering Amid Meme Stock Frenzy and Roaring Kitty's Influence

Broke On: Wednesday, 12 June 2024 GameStop, led by influential meme stock figure Roaring Kitty (Keith Gill), raised $2.14 billion through an equity offering in June 2024, intending to use the funds for corporate purposes and potential acquisitions or investments. The announcement followed a livestream where Gill joked about memes and discussed GameStop, causing stock volatility after previous failed attempts at a short squeeze. GameStop's Q1 results showed a 28.7% revenue decline to $881.8 million, prompting the company to sell shares amid retail buying frenzy.
Trump Media Shares Plummet After Truth Social Enters Live TV Streaming Market: A $5 Billion Loss for Former President

Trump Media Shares Plummet After Truth Social Enters Live TV Streaming Market: A $5 Billion Loss for Former President

Broke On: Tuesday, 16 April 2024 Trump Media shares dropped over 14% on April 16th, following the announcement of Truth Social's entry into live TV streaming market. The company, which went public in late March after merging with Digital World Acquisition Corp., has seen its market capitalization decrease by over $5 billion. Trump Media aims to launch its Truth Social streaming platform as a permanent home for content facing discrimination, with former President Donald Trump holding nearly 60% of the stock. The recent drop in shares resulted in a roughly $300 million decrease in Trump's net worth.