GameStop Short Squeeze: Difference between revisions
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==Short squeeze== | ==Short squeeze== | ||
Impartial and complete description of the events, including actions taken by the company, and the timeline of the incident coming to the public's attention. | Impartial and complete description of the events, including actions taken by the company, and the timeline of the incident coming to the public's attention. On January 28, trading platforms like Robinhood restricted purchases of GameStop and other "meme stocks" (e.g., AMC, BlackBerry), allowing only sales. The decision spark public outrage with accusations that: | ||
*Robinhood was protecting hedge funds at the expense of retail traders. | *Robinhood was protecting hedge funds at the expense of retail traders. | ||