At least two House Democrats are on board to hold a hearing on “Robinhood’s market manipulation,” Democratic Reps. Rashida Tlaib and Alexandria Ocasio-Cortez tweeted Thursday.
Companies such as GameStop, AMC, and Blackberry recently saw their ticker’s unable to trade on the popular investment platform Robinhood. The stock surge for companies such as Gamestop and AMC, boosted by a group on Reddit, has caused hedge fund managers who held short positions on those companies to lose billions, according to Yahoo Finance.
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