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NAKD - Naked Brand News Story

$0.54 0.0  2.7%

Last Trade - 07/05/21

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £184.1m
Enterprise Value £207.7m
Revenue £43.0m
Position in Universe 4311th / 6858

BUZZ-GameStop, AMC, other Reddit favorites drop as trading platforms crack down

Thu 28th January, 2021 5:14pm
** GameStop  GME.N , BlackBerry  BB.TO , AMC Entertainment
 AMC.N  and other stocks driven higher this week by a social
media-fueled trading frenzy drop
    ** GME down 32%, while AMC down nearly 50%; BlackBerry, Koss
Corp  KOSS.O , Bed Bath & Beyond  BBBY.O  and Express Inc
 EXPR.N  down 35% to 55%
    ** Popular online trading platform Robinhood says it has
restricted trading in shares of AMC, BB, EXPR, GME, KOSS and
others; Interactive Brokers Group  IBKR.O  has also imposed
restrictions  urn:newsml:reuters.com:*:nFWN2K31EU 
    ** American Airlines  AAL.O  trims gains to 4% after jumping
as much as 31.5% on the day, as Robinhood restricted trading on
its stock  urn:newsml:reuters.com:*:nL4N2K33E4
    ** Trading in GME and AMC, whose extreme volatility this
week has led to calls for more scrutiny of trading fueled by
anonymous social media posts, has been halted multiple times on
Thursday  urn:newsml:reuters.com:*:nL8N2K22EA   
    ** However, there have been some notable gainers on Thursday
amid the frenzy, including cannabis co Sundial Growers  SNDL.O 
and pain medications maker JanOne Inc  JAN.O , up 18% and 44%,
respectively
    ** Wall Street investors are sitting on estimated
year-to-date losses of $70.87 bln on their bets against U.S.
cos, data from analytics firm Ortex showed  urn:newsml:reuters.com:*:nL8N2K35FV
    ** Despite GME's losses on Thursday, stock is up nearly 140%
this week, and over 700% YTD

 (Reporting by Uday Sampath in Bengaluru)
 ((UdaySampath.Kumar@thomsonreuters.com; within U.S.+1 646 223
8780; Twitter: https://twitter.com/sampath_uday  ;))
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