GameStop plummets as platforms restrict trades
Robinhood, Interactive Brokers and others take steps to curtail activity in several high-flying stocks, including GameStop
28 January 2021 - 20:06
New York — GameStop stock plummeted on Thursday, trimming a huge rally, after moves by brokerages to curb trading of the stock on their apps whipped up volatility and enraged the company’s retail fan base.
The stock fell as much as 68% after Robinhood, Interactive Brokers and others took steps to curtail activity in several high-flying stocks, including GameStop and AMC Entertainment. The stock was down 22% to $270.01 in New York midafternoon, triggering at least 17 trading halts...
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