GameStop Plunges After Brokers Restrict Trading By Investing.com

January 28, 2021 admin Stock News 0

© Reuters.

By Liz Moyer

Investing.com — GameStop Corp (NYSE:) plunged 63% Thursday morning after several brokerages blocked trading in the shares after a remarkable run of volatility.

The stock was halted multiple times in the morning. But they gained back some ground and are now down about 30% at around $238. They have risen more than 400% in  just a week.

GameStop, AMC Entertainment Holdings Inc (NYSE:), BlackBerry Ltd (NYSE:) and other stocks have been who are waging a war with professional traders over their bearish bets. AMC fell 49% on Thursday, and BlackBerry was down 36%.

 

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*