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Robinhood Blocks Traders on Reddit and Beyond from Buying GameStop Stock – Make Sense of the Market Mayhem

Robinhood Blocks Traders on Reddit and Beyond from Buying GameStop Stock – Make Sense of the Market Mayhem
GOBankingRates
1/28/2021
Dawn Allcot
© Omar Marques/SOPA Images/Shutterstock / Omar Marques/SOPA Images/Shutterstock
Mandatory Credit: Photo by Omar Marques/SOPA Images/Shutterstock (11683098aa)In this photo illustration, a Reddit logo seen displayed on a smartphone with stock market prices in the background.
The stock market is known for its volatility, but the rapid rise of GameStop (NYSE: GME) and AMC (NYSE: AMC), manipulated by a rogue group of retail traders on the social media platform Reddit subthread WallStreetBets has everyone from Wall Street to Washington scratching their heads – and, in some cases, scrambling to stabilize stock prices. ....

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Should You Take Stock Tips from Internet Gamblers? This Group's Latest Pick Soared 50% (Almost) Overnight

Should You Take Stock Tips from Internet Gamblers? This Group's Latest Pick Soared 50% (Almost) Overnight
gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.

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