Markets

The Reddit-fuelled GameStop rally is reportedly under federal investigation for possible market manipulation — and Robinhood has been subpoenaed

Federal regulators and prosecutors are probing the GameStop trading phenomenon, The Wall Street Journal reported. Authorities are investigating whether the army of Reddit traders partook in market manipulation. Robinhood and other brokers involved in the trend have been subpoenaed, according to the report. Sign up here for our daily newsletter, […]
The Reddit-fuelled GameStop rally is reportedly under federal investigation for possible market manipulation — and Robinhood has been subpoenaed