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Online brokerage Public.com, which competes with Robinhood, said on Wednesday it had raised $220 million in fresh funds from new and existing investors, lifting its valuation to $1.2 billion.
Investors have doubled down on online brokerages that were at the center of a social media-driven trading frenzy on Wall Street in heavily shorted shares of companies such as GameStop Corp.
Robinhood closed a mammoth $3.4 billion fundraise earlier this year to shore up its finances as clearinghouses asked for more collateral due to heightened volatility.
Norwegian Cruise Lines? Get Off at the Nearest Port The charts suggest that people will continue to be disappointed. Stocks quotes in this article: NCLH
Norwegian Cruise Lines (NCLH) is expected to report their latest quarterly numbers on Thursday. I have no idea what these numbers will be like but I can look at the charts and indicators to see if there has been more aggressive buying or more aggressive selling. Let s check. In this daily Japanese candlestick chart of NCLH, below, we can see that prices have traded sideways since early December. Prices have spent much of the past four weeks below the cresting 50-day moving average line. The 200-day moving average line has a positive slope and intersects not all that far below the price action in the $19 area.
The social media persona "Roaring Kitty", who became a key player in last month's frenzied rally in shares of GameStop Corp, is facing a lawsuit alleging he violated securities laws and caused "huge losses" for investors, just a day before he is set to testify before U.S.