6:07 PM · 28 January 2021

GameStop and AMC shares go on rollercoaster ride

GameStop
Stocks
GME.US, GameStop Corp - class A
-
-
AMC
Stocks
AMC.US, AMC Entertainment Holdings Inc - class A
-
-

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
22 October 2025, 6:42 PM

Daily wrap – US Export Restrictions on China and Weaker Earnings Trigger Wall Street Correction

22 October 2025, 5:27 PM

Google Quantum Echoes – A Quantum Computing Breakthrough

22 October 2025, 4:34 PM

Those Stocks Scared Investors Ahead Of This Halloween🎃 — Market Losers of 2025

22 October 2025, 3:47 PM

IBM Earnings Preview: Will grandfather of IT industry deliver expectations?

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits