The stock market turned into a spectacle to rival Super Bowl LV this week, as retail investors and hedge funds faced off over GameStop stock. Tom Brady and Patrick Mahomes …
Robinhood
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You probably think of Sundial Growers (NASDAQ:SNDL) as a marijuana play. After all, it’s one of the larger publicly listed cannabis companies out there. In the past, SNDL stock has …
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The Robinhood application on a smartphone. Bloomberg | Bloomberg | Getty Images Online broker Robinhood said that it put temporary buying restrictions on a small number of securities because central …
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What happened this week with GameStop (GME), Reddit and Robinhood was shocking, unprecedented and unforeseen. Lost in the flurry though is that the craziness is very much a part of …
- Business
Robinhood Expands Trading Restrictions To 50 Stocks, Including GameStop, General Motors, Starbucks, Several SPACs
TipRanks These 2 Penny Stocks Could Rally All the Way to $11, Say Analysts At its January FOMC meeting, the Federal Reserve held interest rates steady – they are near …
- Business
Robinhood CEO refutes GameStop hedge fund ‘conspiracy theory’ and reveals what actually happened
When the exponential 500% run up of GameStop’s stock this week reversed on Thursday to come crashing down after trading platforms like Robinhood blocked customers from buying shares, there was …
- Business
Robinhood ‘didn’t change the rules’ on users amid market mayhem, former SEC economist explains
Robinhood, Interactive Brokers, Webull, and others shut down the buying feature for GameStop (GME) stock Thursday, drawing bipartisan attacks from politicians as well as criticism from customers who wanted the …
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Robinhood only wants users to have a limited number of GameStop shares, and that number keeps getting smaller and smaller. Yesterday, the company halted users’ ability to buy stocks that …
- Finance
Robinhood is still severely limiting trading, GameStop holders can only buy one additional share
The Robinhood website home screen on a smartphone. Gabby Jones | Bloomberg | Getty Images Restrictions on Robinhood traders are still tight and getting tighter throughout the day on Friday, …
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The stock lost more than 44% of its value on Thursday after surging nearly 40% at one point earlier in the day. Adding to the drama? The trading platform Robinhood …
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TipRanks Time to Turn Bullish on These 2 Oil Stocks, Says Raymond James We are entering a new paradigm for the oil and gas industry, one far removed from the …
- Finance
Robinhood raises $1 billion and taps credit lines to make trading of GameStop available to customers
Robinhood raised $1 billion overnight from investors to shore up its balance sheet as the brokerage app was set to ease restrictions in the trading of certain volatile stocks, according …
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The logo of trading app Robinhood is displayed on a smartphone. Olivier Douliery | AFP via Getty Images Robinhood restricted trading in cryptocurrencies on Friday, as the price of bitcoin …
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A man walks past an AMC theatre amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. Carlo Allegri | …
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Credit: Andy Walker / Android Authority Robinhood’s Play Store listing was bombarded by negative reviews after it stopped users from purchasing select stocks. Google has since removed these reviews, restoring …
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At the center of the GameStop stock trading frenzy is Robinhood, a trading app for regular investors that says it’s out to “democratize finance.” But the growing chaos in the …
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(Bloomberg) — New York markets had just fired up, and the investing world was tuning in for Thursday’s episode of the continuing drama: Legions of Robinhood Markets investors versus hedge-fund …
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Despite denials of any arrangement with big money Wall Street backers, there’s still widespread belief that the inability to purchase these specific companies has been coordinated to disadvantage retail stock …
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No, Robinhood tells The Verge, it didn’t sell off full shares of GameStop, AMC, and other buzzy stocks without permission from its traders. That contradicts the stories of twelve people …
- Finance
Robinhood CEO says it limited buying in GameStop to ‘protect the firm and protect our customers’
Robinhood CEOs Baiju Bhatt and Vlad Tenev. Source: Robinhood Robinhood CEO Vlad Tenev said Robinhood’s move to stop trading in certain speculative names was in the best interest of the …
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TipRanks These 2 Penny Stocks Could Rally All the Way to $11, Say Analysts At its January FOMC meeting, the Federal Reserve held interest rates steady – they are near …
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(Bloomberg) — Frustrated investors who sued after getting locked out of trading in frenzied shares like GameStop Corp. aren’t likely to have much luck in court either. Online brokerage Robinhood …
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Robinhood has announced that, beginning on Friday, January 29th, it will allow “limited buys” on restricted stocks, potentially signaling the end of a brutal day-long hold on GameStop, AMC, BlackBerry, …
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A spokesperson for Robinhood declined to comment. Robinhood isn’t the only firm to restrict trading on GameStop. Interactive Brokers, Webull, and TD Ameritrade have imposed similar restrictions. But Robinhood has …
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Robinhood has added new limits to its app to restrict users from buying or trading any of the popular Reddit r/WallStreetBets stocks, including GameStop ($GME), AMC ($AMC), BlackBerry ($BB), Bed …
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Bloomberg Hedge-Fund Titans Lose Billions to Reddit Traders Running Amok (Bloomberg) — For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends — Steve Cohen …