Author Bio
Reuben Gregg Brewer believes dividends are a window into a company s soul. He tries to invest in good souls.
What happened
Shares of precious metals miner
Coeur Mining (NYSE:CDE) rocketed 19% in the first few minutes of trading on Jan. 28.
Hecla Mining s (NYSE:HL) stock did better, up 20%. Shares of
Fortuna Silver Mines (NYSE:FSM) did even better than that, with each rising as much as 25% or so. And at the top of the heap was
First Majestic Silver (NYSE:AG), which was up a huge 38%. Compared with the above gains,
Pan American Silver (NASDAQ:PAAS) and
Silvercorp Metals (NYSE:SVM) were laggards, up just about 12% each.
GameStop stock retreats as Reddit rally runs into trading restrictions
By Sagarika Jaisinghani and Shriya Ramakrishnan
Reuters
(Reuters) - GameStop shares sank early on Thursday as trading platforms including Robinhood and Interactive Brokers restricted trading in the video game retailer along with AMC Entertainment and other stocks that soared this week in a social media-driven trading frenzy that shook stock markets.
GameStop, the video game chain whose 1,700% rally has been at the heart of the slugfest in the past week, lost half its value in early trading. The stock had rallied initially, then retreated, while American Airlines joined the growing list of stocks making stellar gains as small-time traders and major Wall Street institutions broadened their battle.
GameStop stock price crashes as Robinhood app restricts trading, Wall Street reacts to short squeeze
Posted
ThuThursday 28
updated
FriFriday 29
Stocks in GameStop, BlackBerry and AMC are facing buying restrictions on certain apps.
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GameStop shares have sunk as trading platforms including Robinhood and Interactive Brokers restricted trading in the video game retailer along with AMC Entertainment, Blackberry and other stocks that soared this week in a social media-driven trading frenzy that shook stock markets.
Key points:
GameStop briefly became the biggest stock on the Russell 2000 index of small caps
The dramatic jumps in the stock price of some companies drew calls for regulatory scrutiny
GameStop retreats as Reddit rally runs into trading restrictions
Sagarika Jaisinghani and Shriya Ramakrishnan
Jan 29, 2021 – 3.44am
Share
GameStop shares sank early on Thursday in New York as trading platforms including Robinhood and Interactive Brokers restricted trading in the video game retailer.
The online platforms also restricted trading in AMC Entertainment and other stocks that soared this week in a social media-driven trading frenzy that shook stock markets.
American Airlines briefly caught a bid.
AP
GameStop, the video game chain whose 1700 per cent rally has been at the heart of the slugfest in the past week, lost half its value in early trading. The stock had rallied initially, then retreated.