BREAKING NEWS
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Lawmakers to face off with GameStop saga's key players
Read full article: Lawmakers to face off with GameStop saga's key playersThe GameStop saga has been portrayed as a victory of the little guy over Wall Street giants but not everyone agrees, including some lawmakers in Washington. GameStop shares soared 1,600% in January before falling back to earth. GameStop stock plunged 60%, to $90 on Feb. 2, wiping out hundreds of thousands of dollars in a few hours. A raft of lawsuits were filed against Robinhood in federal court by platform users who suffered losses when they were frozen out of GameStop trading. There are indications that contrary to the populist fable, it was the Wall Street titans that mostly benefited in the end from the GameStop rollercoaster.

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