gamestop Reddit Triggers Massive GameStop Short Squeeze Costing Wall Street Billions Amateur traders on the Reddit forum Wallstreetbets use easy trading apps to drive GameStop shares up nearly 2,000%, causing massive losses for hedge funds. The viral movement now targets other struggling companies like AMC and Blackberry.
robinhood Robinhood Restricts GameStop Trades to Single Shares Amid Market Chaos Robinhood limits users to holding just one share of GameStop and several other volatile stocks due to massive clearinghouse deposit requirements. The trading app faces intense public and political backlash as it scrambles to cover billions in trading volume.
blackberry BlackBerry Ends Android Smartphone Era as TCL Partnership Concludes BlackBerry officially discontinues all current Android smartphones, ending sales by August 2020 as its partnership with TCL comes to a close.