Congress to Hold Hearing Regarding GameStop, Reddit Day Traders, and Other Stock Market Volatility Issues

The House Financial Services Committee will hold a hearing next Thursday, February 18, regarding the recent stock market volatility with GameStop and other companies where trading was driven by Reddit and online trading apps.

“GameStop shares and other stocks boosted by day traders on Reddit have fallen sharply in recent weeks but lawmakers want to probe potential market manipulation and the systemic risk posed by the recent volatility,” reported CNN chief business correspondent Christine Romans on Sunday on CNN Newsroom with Ana Cabrera.

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