Robinhood shuts down GameStop trades, sending stock into a tizzy

So much for what goes up must come down. GameStop continued to defy gravity Thursday. Shares soared another 30% in premarket trading thanks to massive support from individual investors on Reddit.

News: What you need to know about the markets     Robinhood shuts down GameStop trades, sending stock into a tizzy So much for what goes up must come down. GameStop continued to defy gravity Thursday. Shares soared another 30% in premarket trading thanks to massive support from individual investors on Reddit. Read more »   Inside Robinhood, the free-trading app at the heart of the GameStop mania Robinhood's free-trading revolution helped pave the way to the recent Reddit mayhem on Wall Street. Read more »   Where does the GameStop mania end? From Wall Street to the White House, everyone is watching GameStop shares. Read more »   Reddit investors shake up Wall Street Read more »   GM looks to sell only emission-free vehicles by 2035 General Motors said Thursday it plans to be carbon neutral by 2040 in its global operations and hopes to offer only zero-emissions vehicles by 2035. The largest US automaker, GM had previously announced that it was working towards an "all electric future," but it had not set any target date for achieving that goal. Read more »   Last year's American economy shrank the most since 1946 Economists are grading on a curve. That's not a good thing if you're former President Donald Trump. Read more »

Dow Nasdaq S&P +300.19   +66.56   +36.61 30,603.36   13,337.16   3,787.38 +0.99%   +0.50%   +0.98% YTD -0.01%   YTD +3.48%   YTD +0.83%

Biggest Winners L Brands Inc +10.36%   Freeport-McMoRan Inc +7.75%   AES Corp +7.63%   A. O. Smith Corp +7.52% Biggest Losers Lumen Technologies Inc -22.46%   Iron Mountain Inc -9.73%   Kroger Co -8.70%   Whirlpool Corp -8.38%

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Key Market Stats Latest Today's Change Oil $52.21 -0.13 / -0.25% Gold $1,841.00 +3.10 / +0.17% 10-yr 1.06% +0.04 Euro $1.21 +0.00 / +0.18%

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