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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...

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...

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...