Apple has become the first company to hit a market capitalisation of $3tn, as shares in the company rose to $182.86, taking it past the $3tn milestone.
Robinhood has narrowed its stock trade restrictions from fifty to eight companies on Sunday, including GameStop, Koss Corporation, AMC Entertainment Holdings, Express Inc., Naked Brands Group, Genius Brands International, BlackBerry Limited, and Nokia Corp.
Three BlackBerry executives, including the chief financial officer, sold $1.7 million of the firm’s stock in the early days of this month’s reddit-driven share price hike, filings with securities regulators show.
Several retail stockbrokers, including Robinhood, said they would allow trades of GameStop and other volatile companies after restricting customers’ ability to purchase securities earlier in the day.
Popular trading app Robinhood has shut down buying of AMC, BlackBerry, Bed Bath and Beyond, Express, GameStop, Koss, Naked Brand Corp and Nokia. Users can only liquidate or close positions.
BlackBerry's U.S.-listed stock, which is on track for the highest close since December 2011, blasted 42.7% higher last week, the biggest weekly gain since the week ended Dec. 26, 2003. The stock jumped 43.5%, to $20.15 on Monday, reaching the highest price in 10 years.
The Members Exchange (MEMX), a new US stock exchange that counts some of Wall Street's biggest banks as its backers launched today (September 21). The MEMX started trading seven symbols upon launch including Alphabet, ExxonMobil and BlackBerry.
