GameStop's plunge wipes out US$11B as platforms curb trades
GameStop's plunge wipes out US$11B as platforms curb trades Paul Jarvis, Bloomberg News VIDEO SIGN OUT GameStop Corp. snapped a dizzying six-day rally to wipe out nearly US$11 billion in market value after moves by brokerages to curb trading of the stock on their apps whipped up volatility and enraged the companyâs retail fanbase. The stock plunged 44 per cent Thursday after Robinhood Markets, Interactive Brokers Group Inc. and others took steps to curtail activity in several high-flying stocks, including GameStop and AMC Entertainment Holdings Inc. E*Trade Financial is preventi...