For two weeks, amateur investors have rattled a handful of hot stocks, and the price of silver, as social media posts on forums such as Reddit's WallStreetBets inspired mass buying, particularly in companies that big U.S. fund mangers had made large bets against.U.S.
Securities and Exchange Commission and the Federal Reserve to discuss the situation.Robinhood, one of the most popular easy-access online broker apps that has fueled the trades, recorded 2.1 million downloads last week in the United States despite concerns that curbs imposed to cope with the deluge in orders would cost it users ahead of a planned initial public offering later this year. It further eased buying limits on hot stocks including GameStop on Tuesday.
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