Before GameStop’s price rose so dramatically, Fidelity owned 9.3 mn shares. By the end of January, it owned just 87. Similarly, at AMC Entertainment, Silver Lake sold its $713 mn stake in the company after its share price increased fivefold. What does this mean for IR teams?...
“Is the Robinhood customer getting the same price as the Fidelity customer?” Sherman asked Griffin. “Congressman, I believe that’s an excellent question,” Griffin responded. “The execution quality that we can provide as measured by terms of price improvement is heavily related or cor...
Fidelity said it is not restricting users from buying or selling shares of GameStop, AMC or Bed, Bath and Beyond, which were among the 13 stocks Robinhood blocked on Thursday. Fidelity said an “above average” number of users joined its platform Thursday, but it declined to say ...