gamestop stocks up over 1100% Robinhood app halts buy orders

WALL STREET MOVES THE GOALPOSTS…AGAIN: Brokers Change Rules, Causing Loss of Millions

The recent stock market events were unprecedented after social media posts on stock trading forums like Reddit’s WallStreetBets created a buying frenzy among investors focusing specifically on stocks heavily shorted by hedge funds. Notable hedge funds such as Point72 Asset Management and Melvin Capital declined more than 20% on average after their short positions in …

WALL STREET MOVES THE GOALPOSTS…AGAIN: Brokers Change Rules, Causing Loss of Millions Read More »