Shares of red-hot cannabis firms plunged by more than one-third on Thursday, marking another short-lived squeeze of short sellers by retail investors aiming to benefit from an expected push to decriminalize marijuana under U.S. President Joe Biden.
U.S. video game retailer GameStop Corp decided it could not seize on the Reddit-fueled rally in its shares to sell hundreds of millions of dollars worth of stock because of regulatory restrictions, according to three people familiar with the matter.
portrait mode and the vertical orientation, Jorge said.
The vertical cards will make for a smoother user experience, as they will mimic how customers typically handle their cards when they either tap to pay or dip the card into the chip reader vertically, according to Jorge.
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Cards with smart chips are used more often than any other type of card. Since the chip technology was adopted in the US in 2015, chip readers and tap-to-pay have gradually grown to replace the need for swiping cards with the magnetic strip on the back.
Two years after EMV cards were introduced to the US, banks had issued over 855 million chip cards, according to Experian.
Office Products International
More details of Paperchase acquisition
Initial reports that the recent acquisition of Paperchase has saved 1,000 UK retail jobs might be overly optimistic.
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