USA rap prevention USA

Ja Rule hits out at Robinhood’s role in GameStop shares saga: “Hold on. Hold the line”

Reading now: 826
www.nme.com

Ja Rule has hit out at Robinhood’s role in the GameStop stocks and shares saga.GameStop’s share price has skyrocketed over the past week, increasing from under $100 (£73.23) on January 21 to a closing price of $347.51 (£254.50) on Wednesday (January 27).

Concerns have been raised over investor activism, while several hedge fund short-sellers have been hit with catastrophic losses.It has since been announced that the US Securities and Exchange Commission (SEC) are to review the role of Reddit in the recent price surge, with investment app Robinhood removing its online stock.The move – which is preventing millions of people from trading for services like GameStop and AMC – has resulted in Ja Rule (aka Jeff Atkins) speaking out on the issue..

Read more on nme.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA