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The Gazette in Medina, Ohio

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Jan 29, 2021

Page

7

Trading Frenzy for GameStop Triggers Brokerage Limits

Robinhood and others restrict GameStop and related stocks amid a volatile rally driven by small investors and social media groups. The move sparks outcry in Congress and among traders as brokerages warn of liquidity risk and force selling only in some cases.

Robinhood GameStop Congress AMC Entertainment Bed Bath & Beyond Blackberry Nokia Express Inc Ross Corp American Airlines Tootsie Roll Trivago Naked Brand Group AMC Andy Nybo Burton-Taylor International Consulting CNBC Interactive Brokers Thomas Peterffy Vlad Tenev Teney AP File Washington, D.C el Salvador Ziad Cohen Los Angeles Sherrod Brown Cleveland Senate Banking Committee Maxine Waters Calif House Financial Services Committee Alexandria Ocasio-Cortez N.Y Karen Holliday Citron Research Melvin Capital

Stocks rebound as market digests earnings and stimulus risks

Stocks closed higher on Wall Street led by gains in the S&P 500 Dow Jones and Nasdaq as investors weighed solid fourth-quarter earnings and expectations for President Biden’s $1.9 trillion relief plan. Apple fell after a record profit and conservative outlook while trading activity remained volatile around meme stocks and Robinhood restrictions amid ongoing pandemic uncertainties.

Wall Street GameStop AMC Robinhood Apple Joe Biden Senate Prakash Sakpal Nicholas Mapa ING

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