Enlarge / Ready, take aim, and let fly… (credit: Aurich Lawson / Getty Images) Robinhood’s move to temporarily limit purchases of GameStop and other highly volatile stocks in late January was the overwhelming focus of today’s House Committee on Financial Services hearing. At the hearing, Robinhood CEO Vlad Tenev said that extreme stock volatility that […]
Enlarge / A closed GameStop store in Frankfurt, Germany, on Friday, Jan. 29, 2021. (credit: Alex Kraus/Bloomberg via Getty Images) You’ve probably seen stories about GameStop, the struggling video game retailer that has improbably seen its stock quintuple since the start of the week. The stock isn’t up because GameStop announced strong financial results or […]
Enlarge (credit: Onay Jakobov / EyeEm / Getty) Dogecoin—the cryptocurrency based on a meme about an over-enthusiastic Shiba Inu dog—reached an all-time record price of 4 cents on Thursday evening. That represents an incredible fivefold increase over the preceding 24 hours. The cryptocurrency was trading for less than a penny on Wednesday evening. Dogecoin’s rally appears […]