Reddit-Fueled Traders Trigger Volatility Halts Across Market
- About 44 circuit-breaker halts triggered in first two hours
- Robinhood and Schwab were brokers hit by service disruption
This article is for subscribers only.
About 44 circuit-breaker halts were triggered in the first two hours of trading Wednesday amid the rapid ascension of amateur investors armed with Robinhood and their favorite social media platforms.
From cult-favorite GameStop Corp. to stereo headphone and loudspeaker retailer Koss Corp., trading volume soared as gains and losses fluctuated by the minute.