Pelosi Comments on GameStop's Stock Frenzy: 'We'll All Be Reviewing It'
Published Date: 1/28/2021
Source: Bloomberg Quicktake: Now
"Interesting, isn't it?" said House Speaker Nancy Pelosi called GameStop's stock mania "interesting" on Thursday during a press briefing. She added, "We'll all be reviewing it" GameStop Corp. plunged Thursday, triggering more than a dozen volatility halts amid trading restrictions on platforms such as Robinhood Markets and Interactive Brokers Group Inc. The stock plummeted as much as 68% when trading was halted for a 15th time after Robinhood, Interactive Brokers and others took steps to curtail activity in several high-flying stocks, including GameStop and AMC Entertainment Holdings Inc. The stock was down 30% to $243 as of 11:45 a.m. after trading resumed. At one point on Thursday it fell 68%. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake