GameStop drops 44% after Robinhood and others restrict trading: CNBC After Hours

   

budd studdard

 

Published on Feb 2, 2021

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Kate Rooney breaks down the trading restrictions that retail brokerages like Robinhood imposed in the wake of unprecedented volatile action in stocks like GameStop and AMC. Plus, Washington Correspondent Eamon Javers explains the parallels that Republican political strategists see between the populists who gained traction in their party and the populist cause of these amateur Reddit traders.

00:00 -- Intro
0:35 -- Stocks bounce back from yesterday's sell off
1:47 -- Robinhood responds to GME volatility by imposing trading restrictions
4:20 -- CNBC Soundcheck
6:03 -- Washington's warning for Wall Street
9:42 -- Numbers Round