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REFILE-Robinhood in eye of GameStop storm - Vimarsana News

REFILE-Robinhood in eye of GameStop storm

4 Min Read (Refiles to add dropped word ‘to’ in paragraph 18 quote; Paragraph 14 contains language readers may find offensive) Jan 28 (Reuters) - Robinhood online brokerage has been one of the hottest venues for investors in a retail trading frenzy. Now it is in the line of fire from angry customers, disgruntled celebrities and politicians. Citing market volatility and the need to keep investors informed, the Menlo Park, California-based app said on a blog that it was halting trading of viral stocks including GameStop , AMC Entertainment, American Airlines and Nokia and raised margin requ...

Robinhood is new eye of GameStop storm as outrage grows - Vimarsana News

Robinhood is new eye of GameStop storm as outrage grows

Online broker Robinhood has been one of the hottest venues in this week's retail-trading frenzy but its sudden curbs on buying of some hot stocks have raised the ire of customers, celebrities and politicians who argue it unfairly benefits bigger investors.

GameStop's rally cools as U.S. regulators eye wild trading - Vimarsana News

GameStop's rally cools as U.S. regulators eye wild trading

6 Min Read (Reuters) - The U.S. Securities and Exchange Commission waded into the battle between small investors and Wall Street hedge funds on Friday, warning brokerages and social-media traders it was on alert for any wrongdoing in this week’s roller-coaster trade. GameStop shares rallied again, awarding retail investors the advantage in the latest round of their week-long slugfest against major financial institutions that had shorted the video game retailer. The so-called “Reddit rally” has inflated stock prices for GameStop and other previously downtrodden companies that individual ...

GameStop back on the rise as Robinhood eases trading ban - Vimarsana News

GameStop back on the rise as Robinhood eases trading ban

GameStop's rally cools as U.S. regulators eye wild trading Robinhood said on its website that it was easing some restrictions, but still not allowing purchases of fractional shares in GameStop and 12 other companies, effectively meaning smaller investors have to bet more in order to buy in further to the trade. Written By: Sagarika Jaisinghani and Medha Singh / Reuters | 2:14 pm, Jan. 29, 2021 × A GameStop store is seen in New York on Jan. 27. REUTERS/Nick Zieminski/File Photo Jan 29 (Reuters) - The U.S. Securities and Exchange Commission waded into the battle between s...

SEC issues warning as GameStop short-selling war resumes - Vimarsana News

SEC issues warning as GameStop short-selling war resumes

6 Min Read (Reuters) - The U.S. Securities and Exchange Commission waded into the battle between small investors and Wall Street hedge funds on Friday, warning brokerages and social-media traders it was on alert for any wrongdoing in this week’s roller-coaster trade. GameStop shares rallied again, awarding retail investors the advantage in the latest round of their week-long slugfest against major financial institutions that had shorted the video game retailer. The so-called “Reddit rally” has inflated stock prices for GameStop and other previously downtrodden companies that individual ...