Following the ordeal that was the GameStop (GME) inventory brief squeeze, it was clear that there would seemingly be authorized repercussions for a number of the huge gamers concerned. Now, a few of these concerned will reply to congress. At this time, each Robinhood and Reddit’s CEOs will testify earlier than the Home Monetary Companies Committee on GameStop’s (GME) inventory.
Watch Robinhood & Reddit CEOs testify on GameStop (GME) inventory earlier than Congress right here
Robinhood CEO Vlad Tenev, Reddit co-founder and CEO Steve Huffman, and different executives will testify earlier than the Home Monetary Companies Committee right this moment.
All the listening to will probably be streamed stay on YouTube due to the Washington Post. In the event you’d choose to remain right here, you may watch the listening to on Shacknews utilizing the embed above.
Robinhood made some controversial strikes once they started to restrict and limit users’ ability to buy and sell GameStop (GME) after the shares started to surge in worth – a transfer that CEO Vlad Tenev will seemingly have to talk to right this moment. As for Reddit CEO and co-founder Steve Huffman, his platform was house to r/WallStreetBets, the group that coordinated the preliminary plan to drive up costs of GameStop’s (GME) shares. For extra on the continued scenario surrounding GameStop (GME), we’ve obtained you lined right here on Shacknews.