#MarketWatch TDAmeritrade is restricting trade of $GME and $AMC as the companies' shares surge after the Reddit community r/wallstreetbets encouraged users to buy the stocks to challenge short sellers
Activity has prompted bubble concerns on Wall St, pushing major indexes lower
Activity has prompted bubble concerns on Wall St, pushing major indexes lower
“In the interest of mitigating risk for our company and clients, we have put in place several restrictions on some transactions in $GME, $AMC and other securities. We made these decisions out of an abundance of caution amid unprecedented market conditions and other factors."
#MORE Melvin Capital manager Gabe Plotkin tells CNBC's
@andrewrsorkin that speculation it will file for bankruptcy is false
Plotkin confirms the hedge fund closed out its short position on $GME Tuesday afternoon after taking a huge loss
@andrewrsorkin that speculation it will file for bankruptcy is false
Plotkin confirms the hedge fund closed out its short position on $GME Tuesday afternoon after taking a huge loss
#UPDATE Charles Schwab joins TD Ameritrade in restricting trade of $GME and $AMC
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