gamestop

Robinhood reveals strict new volatile stock rules – Limits on GME, AMC, fractional shares [Update]

Robinhood reveals strict new volatile stock rules – Limits on GME, AMC, fractional shares [Update]

Robinhood is limiting the number of volatile shares and options it will allow users to increase, the latest stage in the Reddit-fueled stock saga that has seen GameStop, AMC, BlackBerry and others surge this week. The popular trading platform found itself the subject of customer fury - and US lawmaker suspicion - yesterday, when it blocked purchases of GameStop and other stock, with some users reporting that their holdings had been automatically sold without their instruction.

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Robinhood defends stock block – Updates on GameStop, AMC & other trades reopening

Robinhood defends stock block – Updates on GameStop, AMC & other trades reopening

Robinhood has defended its decision to block users from buying GameStock, AMC, BlackBerry and other stock today, a controversial move that the trading platform said it plans to ease from Friday. The limit, applied earlier on Thursday, meant that Robinhood users were unable to buy more of the highly-volatile shares - which included $AMC, $KOSS, $NOK, #GME, and others - but could still sell them from their portfolio.

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Robinhood GameStop stock block prompts AOC and Ted Cruz investigation threat

Robinhood GameStop stock block prompts AOC and Ted Cruz investigation threat

An almost unprecedented set of circumstances have created a situation in which normally diametrically opposed politicians agree on an action. Alexandria Ocasio-Cortez just called for a hearing on (and likely an investigation into) Robinhood's decision to block retail investors from purchasing stock "while hedge funds are able to trade the stock as they see fit." AOC continued, "As a member of the Financial Services Committee, I'd support a hearing if necessary."

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Robinhood, WeBull and others are down, it’s not just you

Robinhood, WeBull and others are down, it’s not just you

Robinhood, WeBull and other brokerages are down for the count, right now, thanks to extreme volatility in a wide variety of stocks across several markets. If we're looking at GameStop and AMC, we see massive market manipulation and calls from regulators to stop trading altogether. If we look at cryptocurrencies like Bitcoin and Dogecoin, we see a bit more of the same.

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Robinhood GameStop purchase block includes AMC and other “volatile” stock

Robinhood GameStop purchase block includes AMC and other “volatile” stock

Popular trading platform Robinhood has blocked trades of GameStop, AMC, and other stock this week, after the markets fluctuated widely with Reddit-fueled purchases. GameStop surged to $376 a share on Wednesday, one of a number of stocks including BlackBerry and Nokia that saw above-average interest driving their prices sky-high.

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Trading platforms outage hits Robinhood, TD-Ameritrade & more amid Gamestop volatility

Trading platforms outage hits Robinhood, TD-Ameritrade & more amid Gamestop volatility

Major trading platforms like Robinhood, TD-Ameritrade, E-Trade and more are seeing intermittent outages this morning, with users unable to log into their accounts as the stock market undergoes its weirdest week in a long time. The downtime - which also reportedly affects Charles Schwab, Fidelity Investments, and more - comes as Gamestop stock ($GME) surges for bizarre reasons, and AMC looks to be about to see the same turbulence.

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PS5 and Xbox Series X restocks: Finally, Twitter is useful for something

PS5 and Xbox Series X restocks: Finally, Twitter is useful for something

The PS5 and Xbox Series X restock situation has been frustrating to say the least. The problem of limited stock is exacerbated by people shopping with bots and the fact that some retailers aren't allowing for in-store purchases. Stock disappears nearly as quickly as it's listed, and because of that, Twitter might just be the best tool anyone has at their disposal to land one of these hard-to-find consoles.

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PlayStation 5 and Xbox Series X restock today, and where to look [UPDATE]

PlayStation 5 and Xbox Series X restock today, and where to look [UPDATE]

Today the Sony PlayStation 5 and the Xbox Series X will appear in a pair of stores with renewed stock availability. Walmart Gamestop were both the subjects of reports on restocks over the past few hours, and Walmart's latest update suggested that the restock timing will hit at 3:10 PM Eastern Time. UPDATE: The Sony PlayStation 5 Console (with hardware game iteration) was released to Walmart online once more for $499 USD.

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GameStop PS5, Xbox Series X restock announced, but there’s a huge catch

GameStop PS5, Xbox Series X restock announced, but there’s a huge catch

If you're in the market for a PlayStation 5 or an Xbox Series X, then you might like to know that GameStop is planning to restock both consoles on its website today. As with most restocks, GameStop says that this one is very limited in scope, so obviously, we should expect consoles to sell out quickly. Those who are trying to secure a Nintendo Switch will also want to check out GameStop later today, as those consoles will be back in stock as well.

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GameStop labels Cyberpunk 2077 as defective, accepts returns

GameStop labels Cyberpunk 2077 as defective, accepts returns

When it rains, it pours, even in the dystopian Night City. Especially in the dystopian Night City. Almost like this entire year, CD Projekt RED's most ambitious game so far has been nothing short of a complete train wreck, forcing even Sony to pull out its digital stocks of the game from its PlayStation Store. Some retailers are following suit but GameStop's reported memo feels almost like icing on the cake, accepting returns of physical copies of the game and practically considering the product defective.

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GameStop invites Pokemon GO gamers to visit in the middle of a pandemic

GameStop invites Pokemon GO gamers to visit in the middle of a pandemic

GameStop just announced a team-up with Niantic's Pokemon GO. In the partnership, approximately 500 GameStop store locations will be activated in Pokemon GO as PokeStops OR Pokemon Gym locations. They'll be "becoming part of the real world game board" in November and December of 2020, January and February of 2021.

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GameStop’s new deal with Microsoft includes Xbox digital revenue sharing

GameStop’s new deal with Microsoft includes Xbox digital revenue sharing

Struggling video game retailer GameStop quietly announced a major new revenue-sharing deal with Microsoft last week, eclipsing the news with information about what Microsoft gets from this arrangement. Details about the mutual benefits provided by this business arrangement have trickled out, however, with insiders claiming that Microsoft will share a portion of the revenue earned through digital transactions that take place on Xbox consoles sold by GameStop.

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