Coinbase To Suspend Trading in XRP
Cryptocurrency exchange Coinbase said on Monday it would suspend trading in cryptocurrency XRP after U.S. regulators last week charged associated blockchain firm Ripple with conducting a $1.3 billion unregistered securities offering. From a report: T.....»»
The somewhat boring reason it appears that Robinhood yanked trading on some securities
After enduring a day’s worth of taking a beating across social media, government, and the various app stores of the mobile world, Robinhood took to its own blog and CEO’s Twitter account to explain why it had halted trading of some stock.....»»
Anger as trading in GameStop shares is restricted
Shares in the games firm dive as major trading platforms try to control frenzied buying......»»
Coinbase is going public via direct listing
Coinbase plans to go public by way of a direct listing, the company announced in a blog post today. The cryptocurrency exchange was founded in 2012 and allows users to buy and trade decentralized tokens like bitcoin and ethereum. The company has rais.....»»
Webull, M1 and Public remove restrictions on ‘meme stocks’ after citing trade settlement firm as the cause
Three of the popular retail stock market trading apps that have hosted much of the activity related to the Wall Street Bets subreddit-spurred run on stocks including GameStop (GME) and AMC, among others, have removed all restrictions on their exchang.....»»
Robinhood Hit with Class Action After Blocking GameStop Trades
Robinhood is already facing a class action lawsuit after the microtrading platform deliberately blocked users from trading GameStop stock as the stock catapulted in value. From a report: The news shows some nearly immediate impact to Robinhood after.....»»
GameStop: Anger as trading in GameStop shares is restricted
Shares in the games firm dive as major trading platforms try to control frenzied buying......»»
Robinhood and Reddit top the App Store, as trading apps surge following GameStop mania
The GameStop mania didn’t just drive up the stock price of a declining video game retailer, it’s also sent trading apps and others to the top of the App Store, due to record-breaking downloads. Today, the popular trading app Robinhood has.....»»
Robinhood restricts trading in GameStop after retail brouhaha shakes markets
Update: Robinhood has made public note of the changes, stating that “in light of recent volatility” it is “restricting transactions for certain securities to position closing only, including $AMC, $BB, $BBBY, $EXPR, $GME, $KOSS, $NA.....»»
Robinhood Clients Say Platform Has Removed GameStop and AMC, and is Only Allowing Holders To Sell
Robinhood removed GameStop, AMC, BlackBerry, and Nokia from its trading platform on Thursday, leaving investors unable to buy the highly volatile stocks. From a report: The discount brokerage informed clients they can close out positions in the affec.....»»
GameStop: Is buying frenzy starting to lose steam?
Private investors using online chatrooms have led to a trading frenzy in some unexpected shares......»»
Investors don’t seem that impressed by Apple’s $111 billion quarter
On Wednesday, Apple announces that it had banked $111.4 billion of revenue in a single quarter, beating investor expectations and blowing past its previous all-time revenue record. Investors yawned with the stock down slightly in after-hours trading.....»»
How trading apps are responding to the GameStop fustercluck
The furor surrounding GameStop and its stock price has consumed social media, business television, and the hopes and dreams a many retail investors. It has even convinced some folks that causing short-term economic damage to a few hedge funds is simi.....»»
Former SEC Chairman Calls For an Agency Investigation Into Online Stock Trading Platforms
Arthur Levitt Jr., a former chairman of the U.S. Securities and Exchange Commission, writes at Bloomberg Opinion: They say history occurs first as tragedy, then as farce -- I fear we're about to see that in U.S. financial markets. Two decades ago, U......»»
GameStop, AMC Trading Now Being Restricted at TD Ameritrade, Schwab
Some major brokerage houses have begun to respond to a frenetic surge in the price of shares of companies that has been attributed to rabid buying by individual investors on social-media platforms. From a report: On Wednesday, TD Ameritrade said it w.....»»
GameStop, meme stocks, and the revenge of the retail trader
GameStop shares are set to rally 70% this morning when trading starts, and AMC shares opened up 300%, extending a run that has perplexed market observers, irked hedge funds, and generally made crypto’s recent gains appear soft and weak. Being a.....»»
GameStop stock hits record high (again!) as Reddit group causes mayhem
Video game retailer GameStop's stock rose by nearly 70 percent on Friday causing a halt in trading. The price spike in the company’s market value was attributed in part to a group of day traders on the subreddit r/wallstreetbets, which led to a scr.....»»
Gamestop, memestocks, and the revenge of the retail trader
Gamestop shares are set to rally 70% this morning when trading starts, and AMC shares opened up 300%, extending a run that has perplexed market observers, irked hedge funds, and generally made crypto’s recent gains appear soft and weak. Being a.....»»
AMC Spikes 260% as Day Traders Ignite Shorted Stocks like GameStop, BlackBerry, and Bed Bath & Beyond
AMC shares skyrocketed as much as 260% in premarket trading on Wednesday as day traders piled into heavily shorted stocks for a third consecutive day. From a report: Frenzied buying also drove GameStop shares up as much as 147%, BlackBerry up 31%, an.....»»
GameStop Stock Jumps To New Record
GameStop shares surged to a record Monday, before pulling back and giving up much of their gains, the latest sign that frenetic trading by individual investors is leading to outsize stock-market moves. From a report: Class A shares of the Texas-based.....»»
GameStop stock hits record high as Reddit group causes mayhem
Video game retailer GameStop's stock rose by nearly 70 percent on Friday causing a halt in trading. The price spike in the company’s market value was attributed in part to a group of day traders on the subreddit r/wallstreetbets, which led to a scr.....»»