Tag Archives: online traders

U.S. Stock Futures Fall as GameStop Frenzy Builds – WSJ

U.S. stock futures fell as retail investors buoyed GameStop and other shares, pointing to a volatile end to 2021’s first month of trading. Futures tied to the S&P 500 declined 1.2%, suggesting a reversal in direction after a nearly 1% rise Thursday. Those linked to the Nasdaq-100 retreated 0.9%. Shares of GameStop soared over 60% […]

Factbox: Stonks to the moon: Deciphering Reddit’s WallStreetBets lingo

By Reuters Staff 2 Min Read NEW YORK (Reuters) – The unprecedented mark on U.S. equities this week made by the online traders of Reddit’s WallStreetBets group, or WSB, has prompted even singer Dionne Warwick to ask on Twitter here, “What are stonks and why is it a trending subject?” FILE PHOTO: The Reddit logo […]

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 […]

How GameStop’s Reddit- and Options-Fueled Stock Rally Happened – WSJ

Shares of a handful of firms such as GameStop Corp. and BlackBerry Ltd. have posted triple-digit gains in recent weeks, part of a frenzy whipped up by individual investors. Here’s what you need to know. Why is GameStop up? Shares of GameStop are up more than sevenfold in 2021, compared with a 2.5% rise in […]