Gary Anglebrandt Communications
With an excess of stimulus money and time on their hands, people’s attention landed on commission-free trading platforms, leading to an exuberant rise in prices this year.
Now, with vaccines rolling out, final stimulus checks being spent and warm weather returning, attention is returning to socializing and traveling.
Robinhood has updated its list of restricted stocks, and the list has grown much shorter than the 50 stocks it was at on Friday.
What Happened: Robinhood updated the “Changes due to ongoing market volatility” page on its site, where it maintains a list of the stocks it has placed buying restrictions on.
The list now shows just eight stocks, and the restrictions on some have been loosened up. Nokia Oyj NOK 8.18%, for example, has gone from a limit of five shares to 2,000. …
Read the full story at Benzinga.com and see the full list of items written for the trading news site at my author page.
Tesla Inc TSLA 4.48% is taking legal action againt a Chinese tech media outlet called PingWest that earlier reported of harsh working conditions and quality control problem at Tesla’s Shanghai Gigafactory.
Skeleton Technologies is not a publicly traded company, but it’s one to keep an eye on as it traverses territory partly claimed by Tesla Inc TSLA 2.25%.
Next-Gen Battery Business: The Estonian maker of ultracapacitors, also called supercapacitors, completed a Series D round of funding this month, raising $48.1 million. It raised a combined $38.7 million in earlier rounds. The company was founded in 2009 and counts the European Investment Bank among its investors.
The company’s website lists as competitors: St. Louis-based EaglePicher Technologies; Pennsylvania-based C&D Technologies; Germany-based IBC Solar; and, tantalizingly, Maxwell Technologies, which was bought by Tesla in 2019. …
Read the full story at Benzinga.com.