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Pelosi Comments on GameStop's Stock Frenzy: 'We'll All Be Reviewing It'
Posted
January 28, 2021
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0:52Now Playing"Interesting, isn't it?" said House Speaker Nancy Pelosi called GameStop's stock mania "interesting" on Thursday during a press briefing. She added, "We'll all be reviewing it"
GameStop Corp. plunged Thursday, triggering more than a dozen volatility halts amid trading restrictions on platforms such as Robinhood Markets and Interactive Brokers Group Inc.
The stock plummeted as much as 68% when trading was halted for a 15th time after Robinhood, Interactive Brokers and others took steps to curtail activity in several high-flying stocks, including GameStop and AMC Entertainment Holdings Inc. The stock was down 30% to $243 as of 11:45 a.m. after trading resumed. At one point on Thursday it fell 68%.
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