Page 22 - Anna Irrera News Today : Breaking News, Live Updates & Top Stories | Vimarsana

GameStop back on the rise as Robinhood eases trading ban By Sagarika Jaisinghani and Medha Singh Reuters (Reuters) - The army of small investors behind this week's dramatic squeeze on Wall Street hedge funds returned to drive shares in GameStop and other hot companies higher on Friday as online broker Robinhood eased disputed trading restrictions. Shares in the video game store chain and headphone maker Koss Corp both doubled in early deals after slumping on Thursday when several online platforms imposed buying halts, sparking a backlash from investors, celebrities and policymakers. Robin...

U.S. SEC scolds investors as GameStop jumps, short-selling war resumes By Sagarika Jaisinghani and Medha Singh Reuters (Reuters) - The U.S. Securities and Exchange Commission waded into the battle between small investors and Wall Street hedge funds, warning brokerages and the pack of social-media traders that it was watching for potential wrongdoing. GameStop shares jumped, 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 pr...

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 initi...

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 ...

29 Jan 2021 / 04:11 H. By Sagarika Jaisinghani, Shriya Ramakrishnan and Anna Irrera Jan 28 (Reuters) - An army of retail investors that has routed Wall Street's professionals in recent days was dealt a blow on Thursday, after online brokerages Robinhood Markets Inc and Interactive Brokers restricted trading in red-hot GameStop and several other social-media darlings stocks that had soared this week. Shares of retail favorites including GameStop and AMC Entertainment plummeted on the news and broader markets shot higher. Retail investors, celebrities and policymakers decried the restrictions ...