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GameStops plunge wipes out US$11B as platforms curb trades Paul Jarvis, Bloomberg News VIDEO SIGN OUT GameStop Corp. snapped a dizzying six-day rally to wipe out nearly US$11 billion in market value after moves by brokerages to curb trading of the stock on their apps whipped up volatility and enraged the company’s retail fanbase. The stock plunged 44 per cent Thursday after Robinhood Markets, Interactive Brokers Group Inc. and others took steps to curtail activity in several high-f...

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GameStops plunge wipes out US$11B as platforms curb trades Paul Jarvis, Bloomberg News VIDEO SIGN OUT GameStop Corp. snapped a dizzying six-day rally to wipe out nearly US$11 billion in market value after moves by brokerages to curb trading of the stock on their apps whipped up volatility and enraged the company’s retail fanbase. The stock plunged 44 per cent Thursday after Robinhood Markets, Interactive Brokers Group Inc. and others took steps to curtail activity in several high-f...

GameStop Corp.’s wild trading continued Thursday amid trading restrictions on platforms such as Robinhood Markets. The shares swung between double-digit losses in gains in the opening minutes of New York trading after clients of Robinhood reported trading restrictions in high-flying stocks, including GameStop and AMC Entertainment Holdings Inc. Those stocks and others are “not supported” on Robinhood, according to a note on at least one of its platforms. Interactive Brokers has put AMC, G...

Making money by betting a companys shares will sink in value has become more challenging in recent weeks as markets rocketed higher and a growing wave of investors became ready to take on short... | February 7, 2021

Updated / Thursday, 28 Jan 2021 12:13 GameStops stocks has soared more than 1,774% in recent weeks Making money by betting a companys shares will sink in value has become more challenging in recent weeks as markets rocketed higher and a growing wave of investors became ready to take on short sellers at almost any cost.  Short sellers are contrarian investors who bet against rising stocks, such as Jim Chanos Kynikos Associates, Carson Blocks Muddy Waters Research and Andrew Lefts Citron Capita...

GameStops plunge wipes out US$11B as platforms curb trades Paul Jarvis, Bloomberg News VIDEO SIGN OUT GameStop Corp. snapped a dizzying six-day rally to wipe out nearly US$11 billion in market value after moves by brokerages to curb trading of the stock on their apps whipped up volatility and enraged the company’s retail fanbase. The stock plunged 44 per cent Thursday after Robinhood Markets, Interactive Brokers Group Inc. and others took steps to curtail activity in several high-f...

GameStop’s Plunge Triggers Halts as Platforms Curb Trades Bloomberg 1/28/2021 Bailey Lipschultz and Divya Balji (Bloomberg) -- GameStop Corp. plummeted on Thursday, wiping out a chunk of a rally posted over a dizzying six-day period, after moves by brokerages to curb trading of the stock on their apps whipped up volatility and enraged the company’s retail fanbase. The stock plunged as much as 68% Thursday after Robinhood Markets, Interactive Brokers Group Inc. and others t...

Commentary: Reddit investors, GameStop and the new Occupy Wallstreet movement Toggle share menu Advertisement Commentary: Reddit investors, GameStop and the new Occupy Wallstreet movement The Occupy Wall Street spirit returns as traders upset the elites, says the Financial Times Kate Martin. Reddit mascots are displayed at the companys headquarters in San Francisco, California Apr 15, 2014. (Photo: REUTERS/Robert Galbraith) 29 Jan 2021 08:45AM) ...

GameStop’s Plunge Triggers Halts as Platforms Curb Trades Bloomberg 1/28/2021 Bailey Lipschultz and Divya Balji (Bloomberg) -- GameStop Corp. plummeted on Thursday, wiping out a chunk of a rally posted over a dizzying six-day period, after moves by brokerages to curb trading of the stock on their apps whipped up volatility and enraged the company’s retail fanbase. The stock plunged as much as 68% Thursday after Robinhood Markets, Interactive Brokers Group Inc. and others t...