gamestop - Tech News from Simmons Systems (Page 2)

Tech News from Simmons Systems

gamestop

A collection of 28 posts

Robinhood Faces Lawsuits After Halting GameStop and AMC Trades

Robinhood faces multiple class action lawsuits after restricting purchases of GameStop and other volatile stocks, drawing fierce accusations of favoring Wall Street over retail investors.

Robinhood Restricts GameStop Trading Due to Capital Requirements

Robinhood faces massive backlash after halting trades on volatile stocks like GameStop, citing regulatory capital obligations rather than hedge fund pressure as the cause.

Robinhood Restricts GameStop Trading as Retail Uprising Reshapes Markets

Trading app Robinhood halts purchases of GameStop and other meme stocks amid a massive retail trading frenzy. The unprecedented move marks a pivotal moment that shakes market dynamics.

Robinhood Restricts Trading on GameStop and Other Meme Stocks Amid Market Frenzy

Robinhood blocks users from buying shares of GameStop, AMC, and several other highly volatile stocks, allowing only position closing. The controversial move sparks immediate backlash from retail investors and potentially hurts the platform's revenue.

Robinhood Faces Backlash After Restricting GameStop and AMC Trades

Robinhood blocks users from buying GameStop and other heavily shorted stocks, sparking outrage from retail investors and politicians alike. Meanwhile, Apple details its upcoming privacy changes and Qualtrics completes its public offering.

Robinhood Faces Bipartisan Backlash Over GameStop Trading Restrictions

Robinhood restricts trading on highly volatile stocks like GameStop, sparking outrage from retail investors and rare bipartisan calls for congressional hearings.

Reddit Traders Trigger Massive GameStop Short Squeeze Against Hedge Funds

A coordinated group of retail investors on Reddit pushes GameStop stock up 1,500% in two weeks, causing heavy losses for short-selling hedge funds.

Reddit's WallStreetBets Temporarily Goes Private Amid Historic Market Frenzy

The WallStreetBets forum briefly restricts access as an army of retail traders pushes GameStop and AMC to staggering heights. The sudden surge causes major concerns about market stability and heavy losses for hedge funds.

Reddit Triggers Massive Short Squeezes Beyond GameStop

Amateur traders on the Reddit forum WallStreetBets cause extreme volatility by targeting heavily shorted stocks like AMC and Tootsie Roll in a coordinated effort against hedge funds.

Reddit Users Drive Unprecedented GameStop Stock Surge Amid Market Chaos

Individual investors from the r/WallStreetBets subreddit push heavily shorted stocks like GameStop, AMC, and Blockbuster to new heights. Meanwhile, major tech companies face their own hurdles, with Facebook warning of upcoming ad targeting challenges and ByteDance cutting jobs in India.

Trading Apps React to GameStop Mania with Guardrails and Philosophy

App-based brokerages are responding to the GameStop trading frenzy by emphasizing long-term investing over short-term speculation. Some platforms highlight their existing guardrails, while others monitor volatility and adjust margin requirements.

Retail Traders Unite on Reddit to Turn Markets Upside Down

Ordinary investors are using platforms like Robinhood and Reddit to coordinate massive stock surges in companies like GameStop, challenging traditional Wall Street hedge funds.

Robinhood Transforms From GameStop Scandal Roots Into Crypto Powerhouse

Robinhood overcomes the 2021 GameStop trading suspension controversy to amass $12 billion in crypto assets. The brokerage's evolution coincides with renewed public interest sparked by the Dumb Money film.