#GameStop stock plunges for second straight day

#GameStop stock plunges for second straight day

“#GameStop stock plunges for second straight day” GameStop’s stock price dropped sharply for a second straight day on Tuesday in a sign that the retailer’s Reddit-fueled rally is losing steam. The Texas-based video-game chain’s shares plunged more than 32 percent to $152.40 in premarket trading as of 7:20 a.m. on the heels of a nearly…

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#’You gotta let people trade, man’

#’You gotta let people trade, man’

“#’You gotta let people trade, man’” Rapper Ja Rule, one of GameStop’s more famous investors, wants the little guy to keep trading. The Grammy-nominated artist joined CNBC’s “Squawk Alley” Monday to talk all things GameStop and Robinhood, after the millennial investing app restricted trading on some stocks. “I love Robinhood. It puts the stock market…

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#Robinhood explores raising  billion in debt

#Robinhood explores raising $1 billion in debt

“#Robinhood explores raising $1 billion in debt” Robinhood, the online broker that has emerged as a gateway for amateur traders challenging Wall Street hedge funds, has held talks with banks about raising $1 billion in debt so it can continue to fulfill orders for heavily shorted stocks, according to people familiar with the matter. The…

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#Robinhood raises another .4 billion from investors

#Robinhood raises another $2.4 billion from investors

“#Robinhood raises another $2.4 billion from investors” Robinhood raised another $2.4 billion from shareholders, just days after existing investors pumped in $1 billion in funding, the online brokerage said in a blog post on Monday. The round was led by Ribbit Capital, with participation from existing investors including ICONIQ, Andreessen Horowitz, Sequoia, Index Ventures and…

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# Robinhood users are still limited to one GameStop share

# Robinhood users are still limited to one GameStop share

“# Robinhood users are still limited to one GameStop share ” Troubled trading app Robinhood has been narrowing the list of restricted stocks on its platform but is still keeping major restrictions on GameStop (GME) shares.  According to its website, Robinhood has lowered its list of restrictions to eight different stocks including GME, AMC, BlackBerry,…

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