Robinhood CEO, Reddit influencer grilled in US Congress over GameStop frenzy

FRANCE 24 English published this video item, entitled “Robinhood CEO, Reddit influencer grilled in US Congress over GameStop frenzy” – below is their description.

The CEO of #Robinhood, a #Reddit influencer and #WallStreet hedge fund managers have all faced a grilling from #US lawmakers over the recent frenzy around GameStop. The House Financial Services Committee asked six key witnesses whether the extreme volatility in the shares last month, which rose almost 2,000 percent in a short space of time, exposed questionable market practices and potential conflicts of interest. But first, Renault booked a net loss of €8 billion for 2020 as global car sales dropped by more than a fifth, although the situation recovered strongly in the second half of the year. #BusinessDaily

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About This Source - FRANCE 24 English

The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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GameStop (NYSE: GME) is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas, United States, a suburb of Dallas, and operates 5,509 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe as of February 1, 2020.

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