AMC Entertainment and GameStop shares dipped Thursday amid high level meetings to discuss recent trading convulsions and as Reddit users argued furiously on the now infamous WallStreetBeats chatroom about whether to fold or fight.GameStop shares are down 34%, extending yesterday’s losses.
AMC Entertainment has slipped 19% and other stocks that were vigorously promoted on WallStreetBeats starting last week are mostly lower.
A Reddit-fueled frenzy saw retail traders send select stocks soaring, disrupting financial markets and spreading panic among the talking heads on CNBC.Scrutiny of order flow and possible funny business in the stock moves started in earnest Thursday as Treasury Secretary Janet Yellen was set to meet with officials from the
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