GameStop shares surge in early deals, on course to extend rally msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
The retail trading boom has fired up the stocks of some small German brokers, including one run by around 50 people, which reported a 10-fold rise in annual profit after an almost similar jump in its share price in less than a year.
Retail trading boom sparks 500%-plus rally in small German brokers reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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(Reuters) - Shares of red-hot cannabis firms plunged by more than one-third on Thursday, marking another short-lived squeeze of short sellers by retail investors aiming to benefit from an expected push to decriminalize marijuana under U.S. President Joe Biden.
FILE PHOTO: Cannabis plants grow inside the Tilray factory hothouse in Cantanhede, Portugal April 24, 2019. REUTERS/Rafael Marchante
Despite gains in premarket trading as European retail investors piled in to the rally, U.S.-listed shares of Tilray Inc and Aphria Inc, the two biggest holdings in the ETFMG Alternative Harvest ETF, closed down 49.7% and 35.8%, respectively. Tilray had soared more than 148% while Aphria has surged nearly 58% this week through Wednesday’s close.