stock market – Iowa Media Wire https://www.iowamediawire.com Latest News from Iowa Mon, 01 Feb 2021 13:25:01 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://www.iowamediawire.com/wp-content/uploads/2019/06/cropped-Iowa-News-Feat-Img-32x32.jpg stock market – Iowa Media Wire https://www.iowamediawire.com 32 32 What GameStop’s Stock Surge Says About Online Mobs https://www.iowamediawire.com/2021/02/what-gamestops-stock-surge-says-about-online-mobs/ Mon, 01 Feb 2021 13:25:01 +0000 https://www.iowa.media/2021/02/01/what-gamestops-stock-surge-says-about-online-mobs/ (AP) — It’s a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of a troubled video-game store. But the revolt of online stock-traders suggests much more. The internet is shifting society’s balance of power in unanticipated ways. And the same tools that empower the little guy […]

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Robinhood restricts stock trading in GameStop, politicians demand answers https://www.iowamediawire.com/2021/01/robinhood-restricts-stock-trading-in-gamestop-politicians-demand-answers/ Thu, 28 Jan 2021 17:23:29 +0000 https://www.iowa.media/2021/01/28/robinhood-restricts-stock-trading-in-gamestop-politicians-demand-answers/ NEW YORK (NEXSTAR) — The online trading platform Robinhood is moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors. GameStop stock has rocketed from below $20 earlier this month to more than $400 Thursday as a volunteer army of investors on social media challenged […]

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