As of this morning, Robinhood, TD Ameritrade, and Webull have all taken some action regarding trading and closing on shares of certain stocks targeted by the Reddit users. Price of the stocks continues to be extremely volatile, and the stock sites and apps appear to have thrown some cold water on the party, restricting some activity surrounding the hot stocks. Bolstered by encouragement from the likes of Elon Musk and fellow billionaire tech investor Chamath Palihapitiya, the Redditors used a variety of trading apps and websites to buy shares, driving the price of GameStop stock, for example, from less than $20 on Jan. If you need to catch up quickly, here's the scoop: Users on the r/wallstreetbets subreddit banded together to purchase shares of long-struggling businesses like GameStop, AMC, and Blackberry, among others. You've probably heard more about day trading in the past 72 hours than you've ever heard-outside of a rewatch of The Wolf of Wall Street. Best Hosted Endpoint Protection and Security Software.
