in stocks and options now includes Starbucks, another indication that heavy trading is now always spreading to new names and corners of the market.By
GameStop ended 2020 at $18.84 and finishes January at $325 even with a huge drop yesterday, a remarkable gain of more than 1,600% for the month.Koss surged 1760% for the month, while Express climbed about 560%.The S&P 500 ended the day down 1.9%, bringing its slide for the week to 3.3%—its biggest weekly drop since October.
Heading into next week, a big theme to watch will be whether the recent volatility spooks investors and causes an even bigger correction. Some analysts have worried for days that short sellers bruised by recent gains in hot day-trader names might start unloading other unrelated assets. So far, major indexes haven't fallen too much, but traders will be closely monitoring how stocks open on Monday.Among other popular stocks, headphones-maker Koss adds 53% to $64 today, ending the week up some 1,800%.Not all day-trader favorites rose. BlackBerry and Nokia ended the day in the red, wth BlackBerry falling almost 4% and U.S.-listed Nokia shares sliding nearly 3%.Movie-theater chain AMC advanced 54% to $13.
Someone at Robinhood must go to jail.. They lock out retail trader in order to help Wall Street hedge fund manager sell out their position.. Insanely unjust.. The 1% always get away with their wickedness .. This is not Capitalism.
Wish I'd have had spare cash. Covid decimated my business.
Robinhood is crap company. They use communist Rhetoric in their business: I don’t like u, I block u and make u cry 😅
Robinhood are crooks!
If they thought that manipulating the market to incite a panic would work, they are completely out of touch with reality, the tricks that they use to keep the wall street crowd on a leash won't work with actual human beings.
good