GameStop hearing puts hedge funds in the hot seat
Sen. Elizabeth Warren, D-Mass., already lashed out at trading app Robinhood
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. | 21.45 | +0.38 | +1.78% |
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 HOLDINGS INC | 2.00 | -0.08 | -3.84% |
| BBBY | BEYOND INC. | 6.70 | +0.09 | +1.36% |
| BB | BLACKBERRY LTD. | 8.62 | -0.20 | -2.32% |
| NOK | NOKIA OYJ | 13.81 | +0.10 | +0.69% |
Follow below for more FOX Business updates on GameStop. Mobile users click here.