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Hood, SOFI, BULL stocks decline despite PDT rule change: Can SpaceX IPO reverse the trend?

HOOD stock is down more than 6% so far this week, headed for its worst weekly performance in a month. ・On Thursday, the Pattern Day Trader rule, which required investors using margin accounts to ...

Which brokerages are scrapping pattern day trading rules today?

Backdrop: The pattern day trading rule was implemented by FINRA in 2001 in response to the dot-com bubble. Active traders got ...

Why Is HOOD Stock Gaining Today?

Robinhood announced it would expand its prediction offering to include FIFA World Cup contracts, while the stock also ...
Zacks Investment Research on MSN

Hood, Webull & other brokerages gain as FINRA eliminates PDT rule

Online brokerage stocks moved higher yesterday after a landmark regulatory change officially took effect, as the Financial Industry Regulatory Authority (“FINRA”) eliminated the long-standing pattern ...