Robinhood, MSN and the "Retail Investor"
When you can't face the camera there is something wrong.
Retail investors gathering in social media chatrooms like Reddit have been driving up the price of stocks like GameStop shorted by hedge funds, with the focus shifting to other parts of the market on Monday, such as silver.
GameStop shares fell 49% and AMC Entertainment, another hot Reddit stock, fell 40%.
Robinhood claims it ONLY forced the sale of GameStop shares if they were bought with borrowed funds.
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