If you have a used car, now may be a good time to pull the trigger on trading up. The average trade-in value for all used vehicles reached an all-time high of $17,080 in March 2021, according to a report by automotive website Edmunds.com. The pandemic wreaked havoc on automobile […]
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GameStop stocks increase 2000% in a month, Robinhood restricts trading
FORT WAYNE, Ind. (WANE) – The online trading platform Robinhood restricted trading Thursday on GameStop and other stocks that have soared from a steep uptick in buying by smaller investors. GameStop stock has rocketed from below $20 earlier this month to more than $400. This comes after investors on social […]
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Robinhood, others limit trading, sparking lawsuit and Senate panel hearing
Wall Street: Short selling and short squeezes explained In most cases, profits are made in the stock market as the price of a share rises. But short sellers can make money as value drops and lose money as it rises. WASHINGTON – Robinhood and other retail brokerages are taking steps […]
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As Debenhams is set to stop trading, here’s what to buy in the department store’s closing down sale
The pandemic dealt a devastating blow to the department store (Debenhams) It was recently announced that British department store Debenhams is set to close permanently after 242 years of trading, having been in administration since April. The struggling retailer has previously cut approximately 6,500 jobs since May as the coronavirus […]
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Public, a stock trading app, gets a seven-figure check from Scott Galloway
Should investors have been able to make the trade? In the opinion of Scott Galloway, there should have at least been more guardrails. On Tuesday, Public, a social stock trading app that recently put in more speed bumps in its app, said Galloway had made a seven figure investment in […]