US brokers yesterday and today banned the purchase of new stocks of companies that have recently become the target of a group of investors from Reddit. These were the companies that were shortened the most by hedge funds. This "non-market" practice from the brokers side led to a panic sell-off. At one point stocks fell even 90%. The Rollercoster, however, continues! GameStop shares fell from $ 450 to under $ 30 today, and now are trading around $ 200. Is this the end of this market incident? Or is it just its beginning?
Rollercoaster on GameStop and AMC shares. Source: xStation5
Daily wrap – US Export Restrictions on China and Weaker Earnings Trigger Wall Street Correction
Google Quantum Echoes – A Quantum Computing Breakthrough
Those Stocks Scared Investors Ahead Of This Halloween🎃 — Market Losers of 2025
IBM Earnings Preview: Will grandfather of IT industry deliver expectations?
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
