GameStop Plunges After Brokers Restrict Trading By Investing.com

By Liz Moyer

Investing.com — GameStop Corp (NYSE:GME) plunged 63% Thursday morning after several brokerages blocked trading in the shares after a remarkable run of volatility.

The stock was halted multiple times in the morning, currently trading at around $126.01. They have risen more than 400% in  just a week.

GameStop, AMC Entertainment Holdings Inc (NYSE:AMC), BlackBerry Ltd (NYSE:BB) and other stocks have been pushed higher by retail investors who are waging a war with professional traders over their bearish bets. AMC fell 67% on Thursday, and BlackBerry was down 42%.