Five things to watch in Reddit stocks trading mania

📆 03/02/2021 18:45:00
📰 CTVNews

⏱ Reading Time:
24 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 99%

Italia Notizia Notizia

Hedge funds, small investors and stockbrokers are bracing for tougher U.S. markets regulation, with officials expected to meet this week to assess the fallout from a social media-driven market frenzy that has roiled stocks and silver prices.

For two weeks, amateur investors have rattled a handful of hot stocks, and the price of silver, as social media posts on forums such as Reddit's WallStreetBets inspired mass buying, particularly in companies that big U.S. fund mangers had made large bets against.U.S.

Securities and Exchange Commission and the Federal Reserve to discuss the situation.Robinhood, one of the most popular easy-access online broker apps that has fueled the trades, recorded 2.1 million downloads last week in the United States despite concerns that curbs imposed to cope with the deluge in orders would cost it users ahead of a planned initial public offering later this year. It further eased buying limits on hot stocks including GameStop on Tuesday.

Scrivi un Commento

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Here are five things to watch today in the Reddit stocks trading maniaGamesStop is down 42% in pre\u002Dmarket trading
Fonte: nationalpost - 🏆 10. / 80 Leggi di più »