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.....»»
The real shock of the GameStop mania was that it didn"t happen sooner
This week, the investing world looked on with a mix of admiration and horror as members of a Reddit forum devoted to stock trading collectively sent shares of a seemingly moribund company through the roof......»»
After soaring above $23B, Qualtrics’ founder and CEO reflect on a stellar debut
Amidst the sturm und drang of l'affaire GameStop, the cloud software vendor received a warm welcome from public investors. Amidst all of the the sturm und drang of l’affaire GameStop, Qualtrics went public today. After pricing its sto.....»»
Daily Crunch: Robinhood restricts GameStop trading
The GameStop stock saga continues, Apple releases more details about its privacy changes and Qualtrics goes public. This is your Daily Crunch for January 28, 2021. The big story: Robinhood restricts GameStop trading Robinhood has responded to an upsu.....»»
Lawmakers announce hearings on GameStop and online trading platforms
Lawmakers announce hearings on GameStop and online trading platforms.....»»
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......»»
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.....»»
The GameStop Phenomenon
I expect we’ll be exploring, unscrambling, pontificating, and dealing with what is happening with GameStop (GME) for a while. If you are reading this in the future and want some historical context for the rest of this post, this chart from the.....»»
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.....»»
Reddit forum"s role in Gamestop shares frenzy faces regulatory probe
US regulators are to review extraordinary rallies in the shares of struggling gaming retailer Gamestop, part-driven by users of a forum on Reddit, as concerns grow over a surge in retail investor activism......»»
AOC, Ted Cruz slam Robinhood for freezing some trades amid GameStop volatility
AOC, Ted Cruz slam Robinhood for freezing some trades amid GameStop volatility.....»»
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.....»»
Discord bans WallStreetBets as subreddit briefly goes private [Updated]
Robinhood app restricts stock purchasing as regulators express worry. Enlarge / Investors in GameStop and AMC briefly saw red as the WallStreetBets subreddit went private... (credit: StockSnap) Update (Jan. 28, 9:30a.m. Eastern) The Robinhood.....»»
GameStop: Is buying frenzy starting to lose steam?
Private investors using online chatrooms have led to a trading frenzy in some unexpected shares......»»
Discord bans WallStreetBets as subreddit briefly goes private
Brokers, regulators express concern about extreme social media-driven volatility. Enlarge / Investors in GameStop and AMC briefly saw red as the WallStreetBets subreddit went private... (credit: StockSnap) The WallStreetBets subreddit (WSB), w.....»»
Daily Crunch: GameStop becomes a meme stock
Reddit users have some fun with the stock market, Facebook predicts advertising challenges and ByteDance is cutting jobs in India. This is your Daily Crunch for January 27, 2021. The big story: GameStop becomes a meme stock GameStop’s stock con.....»»
Reddit"s GameStop traders are now driving up stock in AMC, Blackberry, and more
Day traders belonging to a Reddit group continue to squeeze short-sellers on Wall Street by vacuuming up even more stocks that are expected to fail, including AMC. The struggling theater chain closed at $5 per share on Tuesday. As of this writing, th.....»»