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Live updates: Robinhood CEO apologizes for blocking GameStop stocks before House Financial Services committee

The virtual hearing is titled “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide.”.....»»

Category: topSource: washpostFeb 18th, 2021

Robinhood CEO testimony: "Any allegation" company "helped" hedge funds "is absolutely false"

Robinhood CEO Vladimir Tenev said in prepared testimony that "any allegation" that his trading app sought to help hedge funds by limiting trades on certain volatile stocks last month "is absolutely false.".....»»

Category: topSource: foxnewsFeb 18th, 2021

"Climate War" Accelerates ESG Craze Sparking Surge In Iridium Spot Prices

"Climate War" Accelerates ESG Craze Sparking Surge In Iridium Spot Prices While Robinhood pajama traders pump penny stocks, low-float biotechs, and, of course, GameStop and other meme stocks, they seem to.....»»

Category: blogSource: zerohedgeFeb 15th, 2021

Need to Know: Here’s the main reason Robinhood traders have been able to push stocks higher — and, no, it isn’t by squeezing hedge funds

The one factor that has allowed the Reddit WallStreetBets crowd to thrive......»»

Category: topSource: marketwatchFeb 12th, 2021

DOJ subpoenas Robinhood, others in GameStop probe: report

Federal prosecutors and regulators are investigating whether market manipulation or other types of misconduct fueled the rapid rise last month in prices of stocks.....»»

Category: topSource: foxnewsFeb 11th, 2021

Cannabis stocks tumble from multi-year highs as Reddit-fueled rally loses steam

Members of the r/wallstreetbets forum had been cheering the pot stocks higher as they did with GameStop shares in January. Alberta Cannabis Inc/Handout vi.....»»

Category: dealsSource: nytFeb 11th, 2021

Robinhood faces class-action lawsuit over trading platform that’s ‘designed to go down’

Robinhood is facing a class-action lawsuit after restricting trades on several stocks, including GameStop and AMC, two weeks ago......»»

Category: topSource: foxnewsFeb 9th, 2021

Market Snapshot: U.S. stocks sweep to fresh records despite dour January jobs report

U.S. stock indexes notched their best weekly gain since the November elections Friday, even though the latest update on employment showed a disappointing jobs gain in January, suggesting that recovery in the labor market is stalling......»»

Category: topSource: marketwatchFeb 5th, 2021

GME, AMC Suddenly Panic-Bid As Robinhood Lifts Trading Restrictions

GME, AMC Suddenly Panic-Bid As Robinhood Lifts Trading Restrictions Stock trading app Robinhood removed temporary trading restrictions on all stocks including GameStop and.....»»

Category: blogSource: zerohedgeFeb 5th, 2021

Robinhood lifts trading restrictions on Reddit darlings GameStop and AMC days after relaxing limits on both stocks

Trading volumes .....»»

Category: topSource: businessinsiderFeb 5th, 2021

Market Snapshot: Dow poised to rise near record as investors await January jobs report

U.S. stocks on Friday morning are indicated higher, with the benchmarks on track for the best weekly gain in three months, as investors watched for the monthly reading of the state of the country's labor market......»»

Category: topSource: marketwatchFeb 5th, 2021

Robinhood lifts trading restrictions on Reddit-darlings GameStop and AMC days after relaxing limits on both stocks

Trading volumes in both stocks subsided this week, losing ground after massi.....»»

Category: topSource: businessinsiderFeb 5th, 2021

Robinhood Lifts Buy Restrictions on GameStop, AMC As Stocks Tank

Robinhood has lifted temporary limits it imposed on the purchase of so-called meme stocks like GameStop Corp (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC). read more.....»»

Category: blogSource: benzingaFeb 5th, 2021

Robinhood lifts trading restrictions on all stocks, including GameStop

Trading restrictions on a few other stocks had been lifted on Wednesday.....»»

Category: topSource: foxnewsFeb 5th, 2021

: Trader beware: Read this before buying stocks with investment apps like Robinhood

Day traders from Reddit have often used Robinhood and other low-cost investment and trading apps to buy stock in companies such as GameStop and AMC......»»

Category: topSource: marketwatchFeb 4th, 2021

Charles Schwab CEO: We didn"t restrict stocks like others amid GameStop frenzy 

Charles Schwab CEO suggests its in the big leagues, Robinhood not just yet......»»

Category: topSource: foxnewsFeb 3rd, 2021

What’s the DTCC and How Did It Stop GameStop Mania?

Small investors and others watching the market gyrations around GameStop Corp. and other stocks have learned a long list of trading terms, including short squeeze, call options and gamma hedging. The decision by Robinhood Ma.....»»

Category: topSource: washpostFeb 2nd, 2021

Robinhood raises trading limits on popular restricted stocks, allowing customers to buy up to 100 shares of GameStop

Robinhood traders can n.....»»

Category: dealsSource: nytFeb 2nd, 2021

Deep Dive: Hey, Robinhood traders: These ‘non-bubble’ stocks can also be good bets for you

Long-term investing is a better strategy than gambling on stocks that have been sold short......»»

Category: topSource: marketwatchFeb 2nd, 2021

These Are The Shadowy New York Financial Institutions That Forced Robinhood To Restrict Trading In Certain Stocks

These Are The Shadowy New York Financial Institutions That Forced Robinhood To Restrict Trading In Certain Stocks Authored by Michael Snyder via TheMos.....»»

Category: smallbizSource: nytFeb 1st, 2021