GameStop Archives

Robinhood CEO Denies Collusion with Hedge Funds in GameStop Saga

February 18, 2021

Robinhood CEO, Vlad Tenev has testified before a House committee today as lawmakers dig into the no-fee app’s role in the GameStop mania. The CEO of millennium-geared brokerage has denied speculation that he...

Robinhood App Restores Full Trading in GameStop, AMC Shares

February 5, 2021

Shares in videogame retailer, GameStop rose as much as 70% on Friday after Robinhood lifted all the buying limits that restricted access for an army of small investors taking aim at Wall Street’s hedge funds....

SquaredFinancial Adds GameStop and Others with Unrestricted Access

February 3, 2021

When most of the major trading platforms are restricting the access to many volatile shares, Cypriot broker SquaredFinancial has freshly added all the popular and volatile stocks, giving traders unrestricted ...

Robinhood Allows Users to Buy 100 Shares of GameStop, 2000 in Nokia

February 2, 2021

Restrictions on Robinhood traders eased throughout the day on Tuesday, now allowing them to buy up to 100 shares of GameStop. This compares to Thursday’s ‘limited buys’ of 20 stocks, and last week’s full ban ...

GameStop Buyers Suffer Another Setback as Revolut Bans Trading

February 2, 2021

British financial technology startup, Revolut stopped users from investing any further in Texas-based video game retailer GameStop and movie theatre chain AMC. The challenger app attributed the move to new re...

SEC Steps in to Probe GameStop Frenzy, Brokers’ Trading Ban

January 29, 2021

The US Securities and Exchange Commission is investigating recent dramatic price run-ups in heavily shorted stocks, promoted by retail investors’ groups on Reddit’s boards. The agency today said it is parsin...

GameStop Frenzy Prompts 200% Surge in TradeZero New Signups

January 29, 2021

New York-based online broker-dealer TradeZero America has reported a massive spike in new account openings since the frenzied share dealing in GameStop and other firms emerged, fuelled by Reddit chat boards. ...

Robinhood Users File Lawsuit over GameStop Trade Suspension

January 28, 2021

A Robinhood trader based in Massachusetts filed a federal lawsuit on behalf of himself and other clients following restrictions imposed by the no-fee app on transactions involving GameStop, AMC and other stoc...

Interactive Brokers, Robinhood Move to Curb GameStop Frenzy

January 28, 2021

Interactive Brokers and Robinhood have joined other brokers who blocked access to GameStop, BlackBerry and other highflying stocks on Thursday as trading surged among Reddit investors. Robinhood traders are ...

GameStop’s Reddit-Fueled Rally Is Good for Bitcoin, Says SkyBridge Capital’s Scaramucci

January 27, 2021

SkyBridge Capital’s Anthony Scaramucci has revealed he believes GameStop’s Reddit-fueled rally, is positive for bitcoin as it exemplifies financial decentralization, furthering proof of the concept behind Bit...