[AP=연합뉴스]
(New York = Yonhap News) Correspondent Kang Gun-taek = The stock price of’GameStop’, a video game distribution chain that is attracting attention as an uprising of ants (individual investors) in the United States, is showing a roller coaster market on the 28th (local time).
On this day, on the New York Stock Exchange, GameStop plunged more than 60% in the morning from over $500 before opening.
Since then, it has been trading at $275, 20.9% lower than the battlefield as of 12:20 pm, making up for a significant portion of the decline.
The announcement by Robin Hood and Interactive Brokers that they are restricting the company’s stock trading, which are concerned about an abnormal surge in GameStop stock prices, seems to have affected the stock price.
GameStop recorded a record increase of 466% this week, soaring 135% on the previous day alone.
Gamestop’s stock price surge, which seemed to be an obsolete company, was recently announced by several hedge funds to publicly sell the company’s stock. It is the cause.
Large hedge funds that bet on a fall in stock prices made a huge loss in the unity of the ants, gave up short selling positions, and made a lot of attention.
However, the rise seems to have slowed down as the US media expressed concern at the same time as the US media expressed concern over the abnormal surge, which was not related to the company’s performance, and related authorities such as the Securities and Exchange Commission (SEC) stated that they are “actively monitoring”.
Some are even expressing the opinion that the collective buying behavior of individual investors through online bulletin boards may be price manipulation and urged an investigation.
In an interview on CNBC that day, David Teffer, the founder of Appaloosa Management, was concerned that “when the bubble burst in 1999, things didn’t end well,” recalling the 1999 dot-com bubble.
However, a significant number of individual investors are still showing their willingness to continue the buying trend by posting on the Reddit bulletin board encouraging the purchase of GameStop shares.
CNBC reported that a user posted on the bulletin board saying, “Don’t be afraid to drop the game stop. Keep buying and holding,” said CNBC.
Another user posted a post saying, “Buy it when it’s expensive, never sell it,” and some investors showed off their returns by capturing GameStop stock trading.
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2021/01/29 02:36 sent