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Retail investors fight against Wall Street shorts. The share price of “Game Stop” plummeted by 60% again.

Retail investors fight against Wall Street shorts. The share price of "Game Stop" plummeted by 60% again.

Recently, around many individual stocks such as game retailers, “Game Stop Stations”, there has been a continuous game between retail investors and institutional investors in the New York stock market.

On February 2nd, U.S. local time, the stock price of “Game Stop” plummeted by 60% to $90.

On the 2nd local time, the “tail group stocks” of U.S. stocks fell collectively, among which the “game Stop station” triggered a meltdown more than once, and the early trading fell by 67%.

As of the close of the 2nd local time, the stock price of “Game Stop” fell 60% to $90. This is down 81% from the high of $483 per share last week.

At present, the total market value of “Game Stop Station” is about $6.3 billion, down about $29 billion from the intraday high hit last Thursday.

Recently, the New York stock market in the United States has staged a “short-selling” war between retail investors and institutions.

Small investors such as retail investors buy a large number of stocks such as “game Stop stations” shorted by institutions, and the stock price fluctuates sharply.

Wall Street giants, including hedge funds and traders, have taken measures, including banning buying and discussing rule changes, to protect their interests after discovering institutional losses and benefiting retail investors, which has been strongly criticized by many parties.

Analysis by many international media, including the American media, compares the “short-up” incident with the “Occupy Wall Street” movement nearly a decade ago, and believes that the wealth differentiation and social fragmentation in the United States have once again highlighted.

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