GameStop (GME) breaks below $50, the lowest in three weeks as bets seem off
Premium|Take advantage of 60% OFF on your first month.
Grab this special offer, it's 7 months for FREE deal! And access ALL our articles and analysis.
You have reached your limit of 5 free articles for this month.
BLACK FRIDAY SALE! 60% OFF!
Grab this special offer, it's 7 months for FREE deal! And access ALL our articles and analysis.
CLAIM OFFERGameStop Corp (NYSE: GME) has been extending its falls on Tuesday and trades at around $48.65 at the time of writing. Shares of the videogaming company that returned to fame due to the frenzy on WallStreetBets – a forum attracting retail traders on Reddit has continued its fall from grace. GME hit a high above $400 at the peak.
Here is how GME has recently evolved.
Shares continue their downtrend despite RobinHood's removal of restrictions on buying stock during the peak. Politicians on both sides of the aisle have been fiercely critical of RobinHood's conduct.
See Brokers’ restrictions on GME and AMC set a dangerous precedent – FXStreet Editorial
GameStop Corp (NYSE: GME) has been extending its falls on Tuesday and trades at around $48.65 at the time of writing. Shares of the videogaming company that returned to fame due to the frenzy on WallStreetBets – a forum attracting retail traders on Reddit has continued its fall from grace. GME hit a high above $400 at the peak.
Here is how GME has recently evolved.
Shares continue their downtrend despite RobinHood's removal of restrictions on buying stock during the peak. Politicians on both sides of the aisle have been fiercely critical of RobinHood's conduct.
See Brokers’ restrictions on GME and AMC set a dangerous precedent – FXStreet Editorial
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.