Can Anything Stop GameStop? - News Summed Up

Can Anything Stop GameStop?


(Such investors have lost $5 billion on GameStop alone.) While much of that was because of the overall rise in stocks, shares in other heavily shorted companies, like the headphone maker Koss, are up big. “I believe there is a systemic targeting of highly shorted stocks,” said Steve Sosnick of Interactive Brokers. Still, “it suggests that there is something systemically wrong with the options trading on this stock,” William Galvin, Massachusetts’ securities regulator, told Barron’s, referring to the GameStop craze. threatened to restrict the export of Belgian-made shots to Britain, prompting British lawmakers to accuse their European counterparts of blackmail.


Source: New York Times January 27, 2021 13:01 UTC



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