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GameStop, Nokia, AMC trading hype bolsters Hargreaves Lansdown

The Reddit trading frenzy boosted Hargreaves to record customer numbers

Hargreaves said it had added a record number of customers during the GameStop boom
Hargreaves said it had added a record number of customers during the GameStop boom Photo: Getty Images

City investment firm Hargreaves Lansdown has said it expects to beat analyst expectations on profit this year, after a trading frenzy that began in January bolstered its revenue.

The Bristol-based platform is one of many to benefit from the GameStop saga, in which day traders poured into heavily shorted US stocks such as the video game retailer, as well as cinema chain AMC Entertainment and telecoms firm Nokia, fuelled by social media resentment against Wall Street.

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