GameStop's stock slide speeds up as US senator steps in
GameStop’s stock slide speeds up as US senator steps in GameStop has seen its shares fall sharply after a buying frenzy sparked by amateur traders (Getty Images) The slide in GameStop shares accelerated today as US officials warned they may step in to investigate the trading frenzy that has roiled markets in recent weeks. A surge in buying by amateur traders, fuelled by activity on social media, sparked big moves in shares of companies that were shorted by Wall Street hedge funds. But many of these stocks have posted sharp declines this week as the trading frenzy began to w...
Source: cityam.com
