Experts anticipate SEC probe of GameStop trading fluctuations
The agency is likely parsing the activity to see if there’s deliberate manipulation or collateral effects more broadly on stock prices. Shares of the video game and consumer electronics retailer soared 93% on Tuesday and are up more than eightfold for the month.
Securities and Exchange Commission officials said Wednesday afternoon the agency and other regulators are monitoring the market disruptions caused by a surge in GameStop Corp. and other stocks.
Experts said the SEC is likely to probe the trading if it determines there’s fraudulent intent behin
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