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stocks

Robinhood blocks GameStop

Robinhood blocks GameStop, AMC, and more stocks from being purchased

January 28th, 2021

Robinhood blocked all of its users from buying or trading GameStop, AMC, BlackBerry, Nokia, and other stocks on Thursday morning due to “recent volatility” in the market. Robinhood users can still close out positions on those stocks, but it’s currently impossible to buy more shares in the popular, no-fee mobile app. Members of the r/WallStreetBets …

Apple weighting lowered in Nasdaq-100; Microsoft, Google raised

April 5th, 2011

NASDAQ on Tuesday announced that it will adjust the weighing of several companies in the NASDAQ-100 index to better reflect their market capitalizations. The NASDAQ-100 index is comprised of the 100 biggest non-financial stocks on the NASDAQ exchange. The adjustment, which will take place on May 2nd, is the first of its kind since 1998. Apple will …

RIM has its head in the sand and is delusional..

September 27th, 2008

Analysts had a field day on Friday after RIM released its less than stellar Q2 earnings on Thursday. When addressing its future prospects, RIM warned that its gross margins in the Q3 will drop another three percentage points to 47% and that a further decline is likely into 2010. Ouch! In a letter sent to …