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WayneOnn
2021-02-04

Retailers will win

Retail frenzy stalls as focus falls on regulator meeting

LONDON (Reuters) - Stocks at the heart of a recent buying frenzy driven by social media slipped in t

Retail frenzy stalls as focus falls on regulator meeting

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The limit on AMC shares was set at 5,500 and buying limits on other stocks were removed.</p>\n<p>Robinhood had imposed the limits and has been raising billions of dollars in capital because clearing houses, which mediate stock-market trades, had demanded extra collateral.</p>\n<p>Broader markets slipped on Thursday amid worries about Sino-U.S. tensions and tightening monetary policy in China. </p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Retail frenzy stalls as focus falls on regulator meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Nothing to do but hold now,” wrote one user, who said he had bought in to GameStop shares at $370. GameStop last traded in Frankfurt at 80.80 euros ($97.05) and AMC at 7.40 euros. U.S. premarket trading begins at 0900 GMT.\nFee-free online broker Robinhood, which has been at the centre of the phenomenon, has further relaxed trading restrictions on the hottest retail-trader stocks before U.S. markets open on Thursday.\nTraders can now buy as many as 500 GameStop shares, up from a limit of 100. The limit on AMC shares was set at 5,500 and buying limits on other stocks were removed.\nRobinhood had imposed the limits and has been raising billions of dollars in capital because clearing houses, which mediate stock-market trades, had demanded extra collateral.\nBroader markets slipped on Thursday amid worries about Sino-U.S. tensions and tightening monetary policy in China.","news_type":1},"isVote":1,"tweetType":1,"viewCount":416,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":16,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

Retail frenzy stalls as focus falls on regulator meeting

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