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“#Google deletes thousands of negative Robinhood app reviews” Google appeared to remove nearly 100,000 negative reviews for the Robinhood app after outraged investors bombarded the stock-trading startup with complaints. Amateur traders urged each other online to leave negative reviews for the app in the Google Play Store after Robinhood froze trading on shares of GameStop…
“#Facebook reverses course on banned Robinhood trading group” Facebook has reportedly shut down a popular Robinhood trading discussion group, alleging that the users had broken the site’s rules on sexual behavior. The group’s creator told Reuters that his 157,000 members were locked out of their Facebook channel on Wednesday and told that they had violated…
“#Short-seller Andrew Left says his firm will drop the practice” As the craziest short squeeze in stock market history rages on, one of the most outspoken voices in the short-selling world is throwing in the towel. Andrew Left, founder and CEO of Citron, announced via a video on social media that after 20 years his…
“#Biden, Psaki dodge GameStop trading scandal for second day” President Joe Biden refused to weigh in on the Reddit-fueled GameStop market frenzy on Friday as White House press secretary Jen Psaki for a second day also remained mum on the pressing issue. Biden ignored shouted questions from reporters in the Oval Office after the Securities and Exchange Commission earlier Friday said it…
“#Rush Limbaugh compares Robinhood’s GameStop freeze to politics” Rush Limbaugh compared Robinhood’s freeze in the GameStop stock frenzy to the political elites undermining former President Donald Trump’s populist policies. “Folks, it’s not just political now,” the conservative radio show host said Thursday. “The elites are bent out of shape that a bunch of average, ordinary…
“#Reddit co-founder Alexis Ohanian backs WallStreetBets rally” Reddit co-founder Alexis Ohanian endorsed the stock-market revolution unfolding on his website while slamming hedge-fund investors who he said use “bulls—” tactics to make their money. In a live-streamed interview with Rep. Alexandria Ocasio-Cortez, Ohanian said online traders like those in Reddit’s WallStreetBets forum have exposed the hypocrisy…
“#GameStop shares explode as Robinhood lifts restrictions” The Reddit rally is back. GameStop’s stock price exploded once again Friday after the Robinhood app eased restrictions on trading that outraged rookie investors. The video-game retailer’s shares surged 101 percent in premarket trading to $389.50 as of 6:27 a.m. as traders on Reddit’s “WallStreetBets” forum continued to…
“#Jon Stewart joins Twitter to defend Reddit GameStop traders” Jon Stewart was prompted to join Twitter on Thursday to defend the renegade Reddit traders who turned Wall Street upside down this week. The former “Daily Show” host hit back at critics of the rogue day traders who used WallStreetBets to send GameStop’s stock skyrocketing in defiance…
“#Will the SEC probe the GameStop stock mania? Not so fast” The GameStop trading frenzy has morphed from an insane market story to a political one as well. Regulatory sources tell me that Wall Street’s top cop, the Securities and Exchange Commission, is eyeing a possible market manipulation case over the tremendous run-up in shares…
“#Robinhood to allow ‘limited buys’ of GameStop shares after freeze” Robinhood on Friday will again “allow limited buys” of shares in GameStop and other companies boosted by market-roiling Reddit users, according to the stock trading app’s co-founder. Vladimir Tenev tweeted the update Thursday afternoon, hours after Robinhood froze purchases of shares in the companies during…