Retail frenzy stalls as focus falls on regulator meeting

reuters2021-02-04

LONDON (Reuters) - Stocks at the heart of a recent buying frenzy driven by social media slipped in thin European trade on Thursday, adding to the sense that their spectacular rallies might be fizzling...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Raffles
2021-02-05
Raffles
Mm
MicroStrategist
2021-02-05
MicroStrategist
Yay...
Kles5537
2021-02-05
Kles5537
Finally
ReubenChen
2021-02-05
ReubenChen
Wahhhhhh
DiuLeiLouMou
2021-02-05
DiuLeiLouMou
wah
Mwarc
2021-02-05
Mwarc
Endofshorts

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1145503111?lang=en_US&edition=fundamental","thumbnail":"https://static.tigerbbs.com/a82005fdd5a20870413111b3adc1a547","is_english":true,"pubTime":"2021-02-04 17:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1145503111","market":"us","top_or_hot":-1,"title":"Retail frenzy stalls as focus falls on regulator meeting","media":"reuters","content":"<div>\n<p>LONDON (Reuters) - Stocks at the heart of a recent buying frenzy driven by social media slipped in thin European trade on Thursday, adding to the sense that their spectacular rallies might be fizzling...</p>\n\n<a href=\"https://www.reuters.com/article/us-retail-trade/retail-frenzy-stalls-as-focus-falls-on-regulator-meeting-idUSKBN2A40Z0?il=0\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Retail frenzy stalls as focus falls on regulator meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRetail frenzy stalls as focus falls on regulator meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-04 17:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-retail-trade/retail-frenzy-stalls-as-focus-falls-on-regulator-meeting-idUSKBN2A40Z0?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON (Reuters) - Stocks at the heart of a recent buying frenzy driven by social media slipped in thin European trade on Thursday, adding to the sense that their spectacular rallies might be fizzling...</p>\n\n<a href=\"https://www.reuters.com/article/us-retail-trade/retail-frenzy-stalls-as-focus-falls-on-regulator-meeting-idUSKBN2A40Z0?il=0\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://www.reuters.com/article/us-retail-trade/retail-frenzy-stalls-as-focus-falls-on-regulator-meeting-idUSKBN2A40Z0?il=0","article_id":"1145503111","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/a82005fdd5a20870413111b3adc1a547"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1145503111","pubTimestamp":1612430684,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"LONDON (Reuters) - Stocks at the heart of a recent buying frenzy driven by social media slipped in t","collect":0,"end_time":0,"defaultTopTitle":"reuters.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"零售业狂潮停滞不前监管机构会议成为焦点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9},"content_text":"LONDON (Reuters) - Stocks at the heart of a recent buying frenzy driven by social media slipped in thin European trade on Thursday, adding to the sense that their spectacular rallies might be fizzling just as U.S. regulators meet to discuss last week’s wild ride.\nThe Frankfurt-listed shares of videogame retailer GameStop fell 12% and cinema operator AMC Entertainment dropped 9%, and the losses put their prices more or less in line with where they had settled in U.S. after-market trade.\nU.S. Treasury Secretary Janet Yellen will meet financial regulators on Thursday to discuss GameStop and the recent market volatility, the Department of Treasury said.\nFocus could fall on the online forums where mass buying of GameStop and AMC was discussed last week, and on the ever-larger role played by hedge funds in financial markets.\n“It’s about making sure that the playing field is level and also making sure that ... retail investors are protected and making sure that the types of accounts, the types of trading, and the types of products they use are certainly suitable,” said Ben Slaven, global head of exchange-traded funds asset servicing at BNY Mellon.\nYellen will meet with the heads of the U.S. Securities and Exchange Commission, Federal Reserve Board, Federal Reserve Bank of New York, and Commodity Futures Trading Commission.\nAlong with others targeted by the retail crowd, the stocks rose soared last week, as buying triggered a “short squeeze,” and funds that had bet against the companies scrambled to close their positions by purchasing the stocks at high prices.\nThursday posts on Reddit implored investors to hang on, although many analysts think the squeeze is probably over and broader market attention has begun to turn to the possible fallout.\n“The FOMO was too strong. Nothing to do but hold now,” wrote one user, who said he had bought in to GameStop shares at $370. GameStop last traded in Frankfurt at 80.80 euros ($97.05) and AMC at 7.40 euros. U.S. premarket trading begins at 0900 GMT.\nFee-free online broker Robinhood, which has been at the centre of the phenomenon, has further relaxed trading restrictions on the hottest retail-trader stocks before U.S. markets open on Thursday.\nTraders can now buy as many as 500 GameStop shares, up from a limit of 100. The limit on AMC shares was set at 5,500 and buying limits on other stocks were removed.\nRobinhood had imposed the limits and has been raising billions of dollars in capital because clearing houses, which mediate stock-market trades, had demanded extra collateral.\nBroader markets slipped on Thursday amid worries about Sino-U.S. tensions and tightening monetary policy in China.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":317771640,"gmtCreate":1612489427880,"gmtModify":1704871872016,"author":{"id":"3570014007133389","authorId":"3570014007133389","name":"Raffles","avatar":"https://static.tigerbbs.com/5271e8a62cce23ca3a6aae3097124819","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570014007133389","authorIdStr":"3570014007133389"},"htmlText":"Mm","listText":"Mm","text":"Mm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317771640","repostId":1145503111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":317768109,"gmtCreate":1612486895601,"gmtModify":1704871821487,"author":{"id":"3561713422683896","authorId":"3561713422683896","name":"MicroStrategist","avatar":"https://community-static.tradeup.com/news/a1f9b1071e75ec59572f7ba9bbb0a4ed","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":2,"crmLevelSwitch":1,"idStr":"3561713422683896","authorIdStr":"3561713422683896"},"htmlText":"Yay...","listText":"Yay...","text":"Yay...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317768109","repostId":1145503111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":317701886,"gmtCreate":1612482458545,"gmtModify":1704871753598,"author":{"id":"3570098181257913","authorId":"3570098181257913","name":"Kles5537","avatar":"https://static.tigerbbs.com/fa48729605e1acd2304bbbabac219bae","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3570098181257913","authorIdStr":"3570098181257913"},"htmlText":"Finally&nbsp;","listText":"Finally&nbsp;","text":"Finally","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317701886","repostId":1145503111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":317485163,"gmtCreate":1612471016752,"gmtModify":1704871678361,"author":{"id":"3569380816563276","authorId":"3569380816563276","name":"ReubenChen","avatar":"https://static.tigerbbs.com/a95be1b82ba40dd56a8667da421ee181","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569380816563276","authorIdStr":"3569380816563276"},"htmlText":"Wahhhhhh&nbsp;","listText":"Wahhhhhh&nbsp;","text":"Wahhhhhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317485163","repostId":1145503111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":317438146,"gmtCreate":1612465240185,"gmtModify":1704871650641,"author":{"id":"3574723140766090","authorId":"3574723140766090","name":"DiuLeiLouMou","avatar":"https://static.tigerbbs.com/9334860aa272232cad3c9bf9c7d23a2e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574723140766090","authorIdStr":"3574723140766090"},"htmlText":"wah","listText":"wah","text":"wah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317438146","repostId":1145503111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":317549233,"gmtCreate":1612458042722,"gmtModify":1704871595504,"author":{"id":"3568844576137886","authorId":"3568844576137886","name":"Mwarc","avatar":"https://static.tigerbbs.com/d57c924a8877e52b8e772a231fd3d9e1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3568844576137886","authorIdStr":"3568844576137886"},"htmlText":"Endofshorts","listText":"Endofshorts","text":"Endofshorts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317549233","repostId":1145503111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":31,"commentSize":17,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1145503111"}