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Robinhood has restricted stock trading in GameStop, other companies GameStop stock has rocketed from below $20 earlier this month to more than $400 Thursday Associated Press Updated:  Tags:  FILE - This Dec. 17, 2020 file photo shows the logo for the Robinhood app on a smartphone in New York. The online trading platform Robinhood is moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors. (AP Photo/Patrick Sison) (AP) NEW YORK – Robinhood and other retail brokerages took steps to tamp down the speculative frenzy surro...

Thursday, January 28, 2021 3:50 pm Brokerages limit trading in GameStop, sparking outcry ALEX VEIGA | Associated Press Robinhood and other retail brokerages are taking steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility and an outcry from users of the platforms and some members of Congress that small investors are being treated unfairly. GameStop stock has rocketed from below $20 earlier to close around $350 Wednesday as a volunteer army of investors on social media challenged big institutions who had placed market bet...

Reddit stock frenzy 'a sign of frothiness' in market fringes: CIBC's Dodig BNN Bloomberg VIDEO SIGN OUT CIBC Chief Executive Officer Victor Dodig said that the recent rallies in shares of companies like BlackBerry Ltd. and GameStop Corp. is a sign of "frothiness" occurring in the fringes of the market.  Dodig said in an interview taped on Tuesday that the recent run-up has been caused by frenzied retail investors pouring into companies with significant short interest and is not having much of an effect on the bank. However, he noted that much of that trade originated from cheap mone...

In the GameStop tug-of-war, bullish day traders appear to be winning over short-sellers The video game retailer’s soaring stock price shows no sign of slowing today. GameStop Corp.’s breathtaking ascent showed no sign of slowing Wednesday, with bullish day traders keeping the upper hand over short-sellers who started to capitulate. The shares rose 157% to a session-high of $380 shortly after 11 a.m. in New York, leading to at least two volatility halts. The advance means the Grapevine-based video-game retailer’s market value has risen more than 20 times this month alone to about $26 bil...

Whether you’re actively trading or investing in GameStop Corp. (NYSE: GME) stock, or just in plain awe of the ride from the sidelines, all eyes will be on the company’s first earnings report since the epic January short squeeze kicked off.  Here’s when the report is happening... Read More...