Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
‘Gamification’ of online stock trading is not a…
Sen. Pat Toomey told CNBC on Tuesday he welcomes stock trading apps that make investing seem more approachable, rejecting complaints by some that brokerages like Robinhood have led to the so-called gamification of the equity market.The…
Angry customers show up at Robinhood’s headquarters in…
A protester against Robnhood and it's CEO holds signs in San Francisco.Lupe Mejia | CNBCSome Robinhood traders who can't get in touch with customer service are trying another tactic: showing up at its front door.A…
Why you should stay the course in the…
Tiffany Hagler-Geard | Bloomberg | Getty ImagesGameStop, AMC Entertainment, BlackBerry, Dogecoin and silver – all have been subject to epic rallies and falls in recent days, spurred by droves of retail investors driving up prices…
Robinhood raises trading limit on GameStop further to…
Robinhood continued to ease trading restrictions on Monday, raising its trading limit on GameStop to 20 shares.Robinhood's changes are slight. Clients who already own more than 20 shares of GameStop cannot buy any new shares.…
Robinhood is still severely limiting trading, customers can…
Restrictions on Robinhood traders got tighter throughout the day on Friday, only allowing clients to buy a single share of GameStop.The stock trading app also expanded its list of restricted stocks from 13 earlier in…
Dow drops more than 600 points Friday, suffers…
U.S. stocks fell sharply on Friday, wrapping up a roller-coaster week on Wall Street as heightened speculative trading by retail investors continued to unnerve the market.The Dow Jones Industrial average lost 620.74 points, or 2%,…
Massachusetts regulator says GameStop speculation is a danger…
The wild trading involving GameStop shares presents a broader threat to the U.S. equity market, the chief securities regulator in Massachusetts told CNBC on Wednesday."The marketplace should be a place where risk is taken, but…
GameStop mania explained: How the Reddit retail trading…
A customer holds a GameStop shopping bag inside a store in San Francisco.David Paul Morris | Bloomberg | Getty ImagesWall Street has been watching GameStop in awe as a band of Reddit-obsessed retail investors managed…