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53° F, Cloudy![Pedestrians pass a GameStop store on 14th Street at Union Square on Thursday in the Manhattan borough of New York. Robinhood and other online trading platforms are moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors. GameStop stock has rocketed from below $20 to more than $400 this month as a volunteer army of investors on social media challenged big institutions who has placed market bets that the stock would fall.](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 16 9"/%3E "Pedestrians pass a GameStop store on 14th Street at Union Square on Thursday in the Manhattan borough of New York. Robinhood and other online trading platforms are moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors. GameStop stock has rocketed from below $20 to more than $400 this month as a volunteer army of investors on social media challenged big institutions who has placed market bets that the stock would fall.")
Some day traders want payback against Wall Street. Others just want to make a buck. But their strategy is risky.
Of the nine bids submitted, only seven met the city’s strict redevelopment requirements.
The Pinellas County companies have both kept their books in the black during the coronavirus pandemic.
Slight gains in the last quarter of 2020 did not erase the economy’s losses for the year.
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