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Robinhood App Reduces Significant Part of Restrictions For Share Trading Amid GameStop Chaos - Vimarsana News

Robinhood App Reduces Significant Part of Restrictions For Share Trading Amid GameStop Chaos

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Robinhood Narrows Trading Restrictions to Eight Companies - Vimarsana News

Robinhood Narrows Trading Restrictions to Eight Companies

Robinhood Narrows Trading Restrictions to Eight Companies Bloomberg 2/1/2021 Yueqi Yang (Bloomberg) -- Robinhood Markets Inc. reduced the number of companies with trading restrictions to eight from 50, ahead of Monday’s trading session, according to an update on its website. The current list includes GameStop Corp., AMC Entertainment Holdings Inc., BlackBerry Ltd., Express Inc., Genius Brands International Inc., Koss Corp., Naked Brand Group Ltd. and Nokia Oyj. Opening new positions in these securities is limited, according to Robinhood’s website, which listed the maximu...

Source: msn.com
Robinhood narrows stock trade restrictions - Vimarsana News

Robinhood narrows stock trade restrictions

-0.12% Securities now lifted include Tootise Roll, American Airlines, Starbucks, General Motors, Beyond Meat, Bed Bath & Beyond and Rolls Royce, among others. According to the company's support page, investors will be limited to 10 shares and 10 options contracts of AMC, 700 shares and 700 options contracts of BlackBerry, 20 shares and 20 options contracts of Express Inc., 1 share and 5 options contacts of GameStop, 600 shares and 600 options contracts of Genius Brands International, 2 shares of Koss Corp., 600 shares of Naked Brands Group and 2,000 shares and 1000 options contracts of Nokia ...

The Reddit army bailout - Vimarsana News

The Reddit army bailout

MONEYWEB app instead? By Davide Scigliuzzo and Katherine Doherty, Bloomberg 1 Feb 2021  07:31  Image: Tiffany Hagler-Geard/Bloomberg It’s the kind of rescue that the most indebted companies in America can only dream of: a fresh injection of cash that doesn’t hurt their already depressed stock price or load even more costly debt onto their balance sheet. Yet thanks to the army of day traders who use Reddit to tout and bid up out-of-favour stocks and squeeze short sellers, firms such as American Airlines Group Inc. and AMC Entertainment Holdings have found themselves on the recei...

CMC restricts 'memestock' shorting amid Gamestop frenzy - Vimarsana News

CMC restricts 'memestock' shorting amid Gamestop frenzy

CMC restricts ‘memestock’ shorting amid Gamestop frenzy CMC Markets has restricted shorting in "memestocks" like Gamestop. (Photo by Michael M. Santiago/Getty Images) Trading platform CMC Markets has restricted short selling in Gamestop, AMC and other so-called “meme stocks” following an attack on hedge funds by Reddit traders.  Last week day traders in r/wallstreetbets flocked to Gamestop lifting its share price to new heights in what some called a war against hedge funds.  Gamestop is the most shorted stock on Wall Street but with access to low-cost trading platfo...

Source: cityam.com