Canadian investing app Wealthsimple Trade is labelling some stocks as "risky" after a volatile week for shares of GameStop, BlackBerry and other companies favoured by self-directed retail investors. The GameStop stock page on Wealthsimple's trading app advises users that the ticker, GME, is considered risky and that traders should expect high volatility. GameStop shares were up about about 70 per cent on Friday to just over $328 a share on Friday. Trading platforms have moved to make it harder to trade in high-flying but highly volatile stocks this week. WATCH: Traders react as brokerages move to limit volatile stocks like GameStopGameStop saga 'starts to put into doubt' metrics used for valuation: former SEC counsel CBC News Video 8:19 The price of GameStop stocks has been volatile after some brokerages restricted trade.

Source: CBC News January 29, 2021 19:47 UTC