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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...

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...

GameStops plunge wipes out $11 billion as platforms curb trades BLOOMBERG The logo for Robinhood is displayed on a smartphone. GameStop Corp. plummeted, snapping a dizzying six-day rally and wiping out nearly $11 billion in market value after brokerages choked off demand for the stock by curbing trading on the apps used by the companys zealous fan base. The stock plunged 44% on Thursday, Jan. 28, to $193.60, after Robinhood Markets, Interactive Brokers Group Inc. and others took steps to curtai...

Dizzying Valuations, IPO Craze Tick Boxes on Bubble Checklist Jan 04 2021, 7:34 PM January 03 2021, 2:30 AM January 04 2021, 7:34 PM (Bloomberg) -- The IPO market is manic. Stocks haven’t been this expensive since the dot-com era. The Nasdaq 100 has doubled in two years, leaving its valuation bloated -- all while volatility remains stubbornly high. (Bloomberg) -- The IPO market is manic. Stocks haven’t been this expensive since the dot-com era. The Nasdaq 100 has doubled in two years,...