Tag Archives: Economy of California

Robinhood bans buying GameStop, AMC and other Reddit darlings

(CNN) Fallout from Wednesday’s Wall Street fiasco continues. The free-trading app Robinhood has banned Gamestop, AMC, and other stocks targeted by Reddit traders. The moves comes after a group of amateur investors organized on the website Reddit. Traders increased shares of GameStop nearly 2,500 percent this month alone. AMC and other stocks targeted by Reddit […]

Watch CNBC’s full interview with Chamath Palihapitiya on GameStop and Reddit-fueled surge

Watch CNBC’s full interview with Chamath Palihapitiya on GameStop and Reddit-fueled surge CNBC’s “Halftime Report” team is joined by Chamath Palihapitiya, CEO of Social Capital, to discuss how he traded GameStop and what he thinks this means for the investment landscape going forward. 26:01 This content was originally published here.

GameStop drops 44% after Robinhood and others restrict trading

Retail brokerages restricted trading on Thursday in GameStop and other stocks caught in a frenzy that has captivated Wall Street and caused big losses for hedge funds. Free-stock trading pioneer Robinhood and Interactive Brokers said that in some cases, investors would be able to sell only their positions and not open new ones. Both brokerages […]

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 […]

Robinhood lawsuit: Class-action lawsuit filed against Robinhood following outrage over GameStop stock restriction – ABC7 San Francisco

A Robinhood customer filed a class-action lawsuit against the stock-trading app Thursday after the company barred traders from buying shares of GameStop promoted by WallStreetBets, a popular Reddit group for investors. This content was originally published here.

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 […]

Robinhood lawsuit: Class-action lawsuit filed against Robinhood following outrage over GameStop stock restriction – ABC13 Houston

A Robinhood customer filed a class-action lawsuit against the stock-trading app Thursday after the company barred traders from buying shares of GameStop promoted by WallStreetBets, a popular Reddit group for investors. This content was originally published here.

GameStop, Reddit, and Robinhood: Wall Street chaos explained

Veteran tech journalist and New York Times Opinion Podcast host Kara Swisher joins to explain what’s going on with the fight over stock in the video game retailer, GameStop.Jan. 29, 2021 This content was originally published here.

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 […]