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GameStop hearing puts hedge funds in the hot seat

Sen. Elizabeth Warren, D-Mass., already lashed out at trading app Robinhood

FOXBusiness

The GameStop hearing, hosted by the House Committee on Financial Services conlcuded after more than five hours on Thursday.

The head of the panel, Rep. Maxine Waters, D-Calif., is setting her sights on hedge funds, which she says have a history of “predatory short-selling.”

Other stocks including AMC, Bed Bath & Beyond, Blackberry and Nokia remained in focus.

Click the link below to read the rest of this story.

https://www.foxbusiness.com/markets/live-updates-gamestop-2-18-2021

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