It’s been a heady few months for stock traders, where steady gains have attracted a cohort of youthful investors on trading apps such as Robinhood.

However, some news out of California suggests some are better at coping with losses than others.

The NYT report concerns Robinhood’s Silicon Valley headquarters, which sometimes receives unwanted visitors in the form of disgruntled traders keen to share a piece of their mind.

The number of unscheduled visitations reportedly became so frequent that the company installed bullet-proof glass at the front of its building.

One could argue it’s the investment equivalent of a stop-loss, although it does seem like a rather extreme measure.

Back in Australia — where we’d wager that statistics would bear out a materially lower risk of market-related shootouts — local markets struggled for traction in the morning session following a weaker US lead.

Both the ASX200 and the Small Ords Index were trading flat just after 12pm AEST, ahead of what’s expected to be another high number of reported COVID-19 cases out of Victoria. Daily positive cases in the US climbed to a new daily record of 61,000.

Elsewhere, gold is holding at $US1,800 (~$2,594) an ounce while bondholders of stricken airline Virgin are planning a last-ditch effort to prevent its sale to private equity firm Bain Capital, via a meeting of creditors scheduled for August.

 

Here are the best performing ASX small cap stocks at 12pm on Friday July 10:

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CODE COMPANY PRICE CHANGE MARKET CAP
RXH Rewardle Holdings Ltd 0.006 100.00% $3.2M
RLG Roolife Group Ltd 0.033 50.00% $10.9M
ERL Empire Resources Ltd 0.019 35.71% $13.3M
CRO Cirralto 0.012 33.33% $9.9M
PSC Prospect Resources Ltd 0.115 32.18% $32.9M
AVA AVA Risk Group 0.185 27.59% $43.5M
FBR Fastbrick Robotics 0.089 23.61% $160.0M
WSI Weststar Industrial 0.016 23.08% $15.0M
BCK Brockman Mining Ltd 0.027 22.73% $204.1M
LIO Lion Energy 0.017 21.43% $2.9M
WTL Wt Financial Group Ltd 0.035 20.69% $4.4M
TYX Tyranna Resources 0.006 20.00% $6.7M
AMD Arrow Minerals 0.012 20.00% $13.2M
IGN Ignite 0.018 20.00% $1.6M
NUH Nuheara 0.025 19.05% $32.6M
MEM Memphasys 0.069 18.97% $53.5M
TGH Terragen 0.22 18.92% $38.3M
FLN Freelancer 0.59 19.19% $266.3M
FLC Fluence Corporation 0.235 17.50% $125.0M
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Security tech company AVA Risk Group (ASX:AVA) was among the leaders, after a trading update where the company said June quarter revenue is now expected to come in $1.8m above previous guidance.

The company also announced the retirement of CEO Scott Basham, who will be replaced by Rob Broomfield, the current head of the group’s Technology division.

And Fastbrick Robotics (ASX:FBR), manufacturer of the one-armed bricklaying robot, also rose strongly on no news. The stock has now climbed from around 3c in late-June to 10c in morning trade, after announcing a display home construction contract with Archistruct on July 2nd.

 

Here are the worst performing ASX small cap stocks at 12pm on Friday July 10:

Swipe or scroll to reveal the full table. Click headings to sort.

CODE COMPANY PRICE CHANGE MARKET CAP
XST Xstate Resources Ltd 0.001 -50.00% $2.9M
RFN Reffind Ltd 0.001 -50.00% $1.0M
ROG Red Sky Energy 0.001 -33.33% $2.5M
UUV UUV Aquabotix 0.001 -33.33% $792K
XTC Xantippe Resources 0.002 -20.00% $8.1M
TYM Tymlez Group 0.11 -15.38% $29.4M
GLH Global Health Ltd 0.24 -14.29% $10.1M
KSS Kleos Space 0.31 -13.89% $33.1M
CDT Castle Minerals Ltd 0.013 -13.33% $5.1M
SUD Suda Pharmaceuticals 0.027 -12.90% $3.8M
MAN Mandrake Resources 0.035 -12.50% $10.7M
CWX Carawine Resources 0.185 -11.90% $16.2M
FAU First Au 0.01 -11.76% $6.4M
CNU Chorus 6.51 -10.94% $3.3B
CDY Cellmid 0.135 -10.00% $18.8M
ZNC Zenith Minerals Ltd 0.113 -10.00% $27.3M
TAO Tao Commodities 0.09 -10.00% $2.8M
NC6 Nanollose 0.038 -9.52% $4.0M
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