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.
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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.
MENTIONED IN THIS ARTICLE
Wall Street
GameStop
AMC
Robinhood
Apple
Joe Biden
Senate
Prakash Sakpal
Nicholas Mapa
ING
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