Episode details

World Service,28 Jan 2021,26 mins
Anger as trading in GameStop shares restricted
World Business ReportAvailable for over a year
Amateur investors are responding with outrage after trading platforms curbed buying of shares in the US games firm GameStop and other companies. The moves by Robinhood and Interactive Brokers follow days of frenzied trading that led to massive gains for some stocks. Shares in GameStop dived by as much as 55% after the restrictions. The activity has drawn questions from regulators, who are monitoring trading amid fears of illegal actions. Also in the programme, what happens to old devices, with mass adoption of 5G expected to create a lot of junk? Plus we hear from Ivan Menezes, chief executive of alcoholic drinks maker Diageo, why sales for the company have increased during the course of the pandemic. (Picture: Getty Images.)
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