Stocks claw back some lost ground; GameStop swings wildly

  • 📰 AP
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Stocks recouped some losses a day after Wall Street's biggest pullback in nearly three months. GameStop was an exception, falling 44.3%. The video gamer retailer is one of several stocks that online investors had sent skyrocketing in recent days.

in Washington and elsewhere for regulatory action to curb the speculative frenzy.

The Dow Jones industrial average gained 300.19 points, or 1%, to 30,603.36. The Nasdaq composite added 66.56 points, or 0.5%, to 13,337.16. The Russel 2000 index of smaller companies slipped 2.09 points, or 0.1%, to 2,106.61. “You listen to your models and suddenly everybody is de-risking together and everything cascades.” he said. “Then you sleep on it and things don’t look so bad.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It dropped because broker's manipulated the market.

Gamestop didn't 'swing widely' but rather Wallstreet manipulated the system with some really dirty tricks when it felt threatened. The stock market isn't a free enterprise no matter how many aholes claim it so.

Is there anything in there about imposing wealth caps on game rigging, too wealthy cheats?

We literally got blocked out of buys, could only sell and then RobinhoodApp starting selling peeps shares without them knowing. Now people see how rigged the system is.

Game stop pulled baaaaaack....becaaaaause!?!? C'mon AP. STOP with the genetic statements. Who ordered the suspended trading? Who ordered Robinhood and other platforms to halt buying AND ONLY ALLOW'SELLS' ON AMC and GME?

I wonder why it dropped? 🤔🧐.. if we only could figure out why

Maybe include that people were forced to sell? That it’s not really a free market? Who bought this ad “article,” Blackrock?

Occupy Wall Street. Twice as crazy. Twice as effective. HoldTheLine

Hold the line!!

Stock market is just a game for people who don’t want to gamble on horses.

JonLemire More context to the Gamestop price drop, please.

That’s called market manipulation and it’s only wrong when retail investors do it to Wall Street

Not seeing a lot of right wing backlash against the abrogation of free speech and shutting things down overnight.

I feel like the reason the stock fell should be included in this tweet. In this case, if you’re going to mention this stock, please provide at least a little context.

If we hadn't be locked out from buying then it would have continued climbing today. Only dropped because hedge funds made it so; allegedly

All media do is lie and cover for the rich . Why not tell the news as they are.

Hedge funders are scum

Why did it drop though 🤔

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in US

United States United States Latest News, United States United States Headlines