Tag Archives: Ocasio-Cortez

Robinhood restricts trades in GameStop and other popular stocks – CBS News

Robinhood and other major trading platforms on Thursday restricted trading in GameStop and other popular stocks that have skyrocketed this week and triggered anxiety on Wall Street. The decision sparked fierce backlash from smaller investors and lawmakers, questioning the legality of the restrictions.  In a statement, Robinhood said it was “restricting transactions for certain securities […]

Class-action lawsuit filed against Robinhood following outrage over GameStop stock ban – CNN

The lawsuit claims Robinhood’s decision deprived retail investors of potential gains they could have made by buying when the stock was low and selling when its price rose. GameStop’s stock has soared since January 11 after it hired several new board members that investors believed could help the stock boost its digital sales. Reddit’s WallStreetBets […]

AOC to discuss the GameStop and Robinhood drama on Twitch – Business Insider

Following days of Reddit-fueled trading of volatile stocks and the subsequent trading freezes imposed by the fee-free stock trading app, Robinhood, Rep. Alexandria Ocasio-Cortez tweeted that she will discuss the recent developments on the livestream video service, Twitch, Thursday night at 8:30 p.m. EST. Ocasio-Cortez said she would be joined by Chamath Palihapitiya, CEO of […]

AOC mocks Wall Street outrage over GameStop surge

More On: Rep. Alexandria Ocasio-Cortez mocked Wall Street on Wednesday for wanting to crack down on a Reddit message board that helped GameStop’s shares soar. “Gotta admit it’s really something to see Wall Streeters with a long history of treating our economy as a casino complain about a message board of posters also treating the […]

AOC to Discuss GameStop Stock Controversy on Twitch

Alexandria Ocasio-Cortez will discuss today’s controversial developments surrounding GameStop‘s stock on her Twitch channel at 8:30 PM ET. The Democratic Congresswoman from New York, known popularly by her initials AOC, has spoken out multiple times about the decision by various trading platforms to ban purchases of so-called “meme stocks” of companies like GameStop, BlackBerry, and […]