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Gamestop Shares Are Collapsing, Pelosi Says "Will Be Reviewing Issue"
• Zero Hedge - Tyler DurdenUpdate (1145ET): GME shares are ripping back higher after being halted numerous times (but remain down on the day)...
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Raising margins, restricting access, blocking position-building, and widespread condemnation appears to have done the trick... for now.
GME is halted down 56% this morning after topping $500 briefly in the pre-market...
So, is it over?
Speaker Pelosi spoke up as the shares crashed saying that "she understands the Biden admin is looking at Gamestop" and added that she will be "reviewing the Gamestop issue."