Tag Archives: California

Robinhood CEO to reportedly testify before US House committee over GameStop

Robinhood CEO Vlad Tenev will reportedly testify before the United States House Financial Services Committee over the firm’s role in the volatile trading of GameStop and other volatile stocks. According to a report by the American political publication Politico, Tenev is expected to participate in a virtual hearing headed by Representative Maxine Waters (D-Calif.) on […]

GameStop stores switch to door delivery service only in response to coronavirus | GamesRadar+

GameStop is shutting some U.S. locations down and switching to door-delivery service at others in response to the COVID-19 pandemic. The retailer has kept its stores running even as concerns mounted about the outbreak and the social distancing required to slow it down. A report from Kotaku indicated that GameStop encouraged its employees to keep […]

Gamestop stock-Reddit-Robinhood situation explained: Why the surge is shaking Wall Street – ABC11 Raleigh-Durham

WHAT IS HAPPENING WITH GAMESTOP’S STOCK? The meteoric rise in GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look away from. AND THE COMPANY ITSELF? REDDIT IS INVOLVED, RIGHT? THAT ALONE PUSHED THE STOCK UP MORE THAN 1,000%? WHAT’S A SHORT? As GameStop’s gains […]

Gamestop stock-Reddit-Robinhood situation explained: Why the surge is shaking Wall Street – 6abc Philadelphia

WHAT IS HAPPENING WITH GAMESTOP’S STOCK? The meteoric rise in GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look away from. AND THE COMPANY ITSELF? REDDIT IS INVOLVED, RIGHT? THAT ALONE PUSHED THE STOCK UP MORE THAN 1,000%? WHAT’S A SHORT? As GameStop’s gains […]

Gamestop stock-Reddit-Robinhood situation explained: Why the surge is shaking Wall Street – ABC7 New York

WHAT IS HAPPENING WITH GAMESTOP’S STOCK? The meteoric rise in GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look away from. AND THE COMPANY ITSELF? REDDIT IS INVOLVED, RIGHT? THAT ALONE PUSHED THE STOCK UP MORE THAN 1,000%? WHAT’S A SHORT? As GameStop’s gains […]

Gamestop stock-Reddit-Robinhood situation explained: Why the surge is shaking Wall Street – ABC7 San Francisco

WHAT IS HAPPENING WITH GAMESTOP’S STOCK? The meteoric rise in GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look away from. AND THE COMPANY ITSELF? REDDIT IS INVOLVED, RIGHT? THAT ALONE PUSHED THE STOCK UP MORE THAN 1,000%? WHAT’S A SHORT? As GameStop’s gains […]

GameStop, Reddit and Robinhood: A full recap of the historic retail trading mania on Wall Street

GameStop, Reddit and Robinhood: A full recap of the historic retail trading mania on Wall Street Published Sat, Jan 30 20219:40 AM ESTUpdated Sat, Jan 30 20219:46 AM EST This content was originally published here.

Gamestop stock-Reddit-Robinhood situation explained: Why the surge is shaking Wall Street – ABC13 Houston

WHAT IS HAPPENING WITH GAMESTOP’S STOCK? The meteoric rise in GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look away from. AND THE COMPANY ITSELF? REDDIT IS INVOLVED, RIGHT? THAT ALONE PUSHED THE STOCK UP MORE THAN 1,000%? WHAT’S A SHORT? As GameStop’s gains […]

Robinhood slims restricted list to 8 stocks, but users can still only buy 1 share of GameStop – MarketWatch

Robinhood is narrowing its list of restricted stocks, but will still impose limits on buying shares of heavily shorted GameStop Corp. and AMC Entertainment Holdings Inc. when trading opens Monday. On its website, the online brokerage on Sunday adjusted its list of restricted stocks from 50 to eight: GameStop GME, +67.87%, AMC AMC, +53.65%, BlackBerry […]

Robinhood Raises $1 Billion to Support Purchases of GameStop Stock

January 29, 2021 2 min read The trading app raised $1 billion from investors overnight after tapping its credit lines for $500 million. CNBC reports that Robinhood raised the money and tapped its credit lines due to a liquidity crunch caused by purchases of GameStop and other high-flying stocks. However, the company’s CEO told the news network […]