The rise of the “meme stocks” has been a fascinating adventure with the combination of ubiquitous technology and the ability to drive trading by retail investors in a way that has never been experienced before. While a certain amount of manipulation of markets has always… Read More
Robinhood is retreating a bit in its decision to curtail trading in shares of GameStop and other securities like AMC Entertainment that have been the focus of traders communicating on Reddit. The investment Fintech has just announced it will allow limited buys in these volatile… Read More
As was previously reported, Robinhood has restricted trading on Gamestop (NYSE:GME), AMC Entertainment (NYSE:AMC), and other securities being targeted by Reddit traders. The move was designed to quell the excessive volatility and rapid price rise in shares that have been targeted by hedge funds with… Read More
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