Page 5 - How Reddit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

Robinhood raises $2.4bn in second cash injection as Reddit investors overwhelm app Online trading app Robinhood has surged in popularity as retail investors flock to nostalgia stocks (Getty Images) Robinhood has raised another $2.4bn from its shareholders after a turbulent week amid a surge of new investors piling into Gamestop.  The online trading app today confirmed it had raised $3.4bn to invest in “record customer growth” including a $1bn injection on 29 January.  Last week Reddit day traders flocked to Gamestop lifting its share price to new heights in an attack o...

From time to time, the financial markets are given a rude awakening by an obscure situation or event, which is exactly what we saw last week.

The likelihood of a bubble forming in financial markets Concerns are mounting as to whether financial markets may have entered bubble territory over the past few weeks. Some analysts are warning that instances of excessive behaviour have become apparent and more frequent. The usual key ingredients to form a bubble in financial markets include cheap credit or easy money and an enticing narrative, with both resulting in excessive behaviours and valuations. Today’s financial markets are grounded on easy equity, and many market observers are worried about the impact of a revers...

Jaydyn Carr was a GameStop shareholder long before the buying frenzy that sent share prices skyrocketing, a...