GameStop hearing puts hedge funds in the hot seat
Sen. Elizabeth Warren, D-Mass., already lashed out at trading app Robinhood
Healthy Markets Association executive director Tyler Gellasch and GLJ Research founder and CEO Gordon Johnson discuss the Capitol Hill hearing on GameStop frenzy.
The GameStop hearing, hosted by the House Committee on Financial Services conlcuded after more than five hours on Thursday.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| GME | GAMESTOP CORP. | 22.33 | -0.08 | -0.36% |
The head of the panel, Rep. Maxine Waters, D-Calif., is setting her sights on hedge funds, which she says have a history of “predatory short-selling."
Other stocks including AMC, Bed Bath & Beyond, Blackberry and Nokia remained in focus.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| AMC | AMC ENTERTAINMENT | 4.35 | -0.16 | -3.55% |
| BBBY | NO DATA AVAILABLE | - | - | - |
| BB | BLACKBERRY LTD. | 2.25 | -0.02 | -0.88% |
| NOK | NOKIA OYJ | 4.67 | -0.06 | -1.27% |
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