News

GameStop investors may have transformed day trading forever

Day traders organised on a Reddit thread led the GameStop mania, an unprecedented situation in financial markets. Day trading really took off with the 1990s tech boom, and continues to evolve along with trading technology. The combination of day trading with Reddit may prove transformative, with the GameStop saga the […]
GameStop investors may have transformed day trading forever
Markets

Robinhood is reportedly borrowing at least ‘several hundred million dollars’ from banks amid GameStop trading frenzy

Robinhood is drawing on credit lines from its lenders,Bloomberg reported Thursday. The trading app is tapping into “at least several hundred million dollars,” according to Bloomberg. Robinhood is popular among the retail investors behind this week’s market frenzy involving GameStop. Visit Business Insider’s homepage for more stories. Robinhood is drawing […]
Robinhood is reportedly borrowing at least ‘several hundred million dollars’ from banks amid GameStop trading frenzy