GameStop's stock went soaring to unprecedented levels a few weeks ago as "retail investors" on sites like Reddit purchased shares, pushing the price higher in an effort to thwart short-sellers who were counting on the prices to fall even further. After trading around $450 per share last month, the retailer was trading in … Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide, Part II.”» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassicTurn to CNBC TV for the latest stock market news and analysis. Thursday 18 … No, it … the House Committee on Financial Services at 9 AM PT / noon ET. Several CEOs from the biggest actors in the GameStop stock fiasco will be testifying at the hearing. It was a very unusual situation that drew the attention of Congress, both for the initial surge as well as sites like Robinhood halting sales of the stock, stopping people from buying more in a move that some saw as protecting hedge funds over normal people. The House Financial Services Committee will convene for a virtual hearing entitled, “Game Stopped? How to watch today’s GameStop, Robinhood hearing in Congress live Can’t wait for the seven Hollywood projects about GameStop-Robinhood? However, Kenneth Griffin also founded a firm called Citadel Securities with ties to Robinhood, which will almost certainly be brought up during the hearing. ... Watch. Melvin Capital, meanwhile, was one of the hedge funds that suffered the most from the rising price, having heavily shorted GameStop, and Citadel bailed it out. 12 p.m. Several Popular Reddit Penny Stocks Jump As GameStop Hearing Begins. GameStop shares, which peaked at … First published on … ET The US House Financial Services Committee held a hearing about volatility in GameStop … Highlights from the Congressional hearing. Citadel founder Ken Griffin and Melvin Capital founder Gabe Plotkin are both slated to testify. By Search. Add to Basket. You can watch on YahooFinance.com or the Financial Services Committee’s WebEx. MP4 video - Standard Price: $4.99 or Free with MyC‑SPAN. Where to Watch the Hearing. How to Watch the GameStop Congressional Hearing on Thursday © 2021 GAMESPOT, A RED VENTURES COMPANY. First published on … No, it isn’t cannabis legalization or another round of stimulus. ... GameStop Hearing, Part 1. WATCH: House Financial Services Committee Holds Hearing on GameStop. Today markets a pivotal point in history for both penny stocks and blue-chips alike. April 19, 2021 / 12:09 PM / AP House committee holds hearing on GameStop . Email news@gamespot.com. Gabe Gurwin He also promoted GameStop during the hearing, saying, "I do find it's an attractive investment at this price point." GameStop shares had jumped as much as 1,600% at one point last month, but have since come back down to Earth. A Congressional hearing today, February 18, will address the controversy, and several of the biggest players from the last few weeks will be in attendance. ET. Thu 18 Feb 2021 15.46 EST. How to watch the GameStop hearing today Robinhood, which offers free trading to 13 million investors, promised to “democratize finance.” But critics say its business model has an inherent conflict because Robinhood generates revenue by selling customers’ stock … A guide to the 'GameStop' hearing. GameStop hearing - Updates as Roaring Kitty, and Reddit and Robinhood CEOs testify. asked the chief executive of Robinhood about the death of a 20-year-old customer last year. Nintendo Is Suing Bowser, Or At Least Someone Named Bowser, Xbox Cloud Streaming Coming To PC, iOS This Week In Beta. Watch … Find: Robinhood Lifts All Trading Restrictions as GameStop Gains Evaporate. The spirited and contentious GameStop hearing seemed to freeze in time when Rep. Emanuel Cleaver II (D-Mo.) House committee holds hearing on GameStop investors and stock market volatility – watch live Kari Paul in San Francisco. GameStop CEO George Sherman to exit as video game retailer pivots to digital. From market futures to live price updates CNBC is the leader in business news worldwide.Connect with CNBC News OnlineGet the latest news: http://www.cnbc.com/Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC News on Twitter: https://cnb.cx/FollowCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBC#CNBC#CNBCTV Getty Images. How To Watch The GameStop Hearing. But compared to the last time Citadel founder Ken Griffin sat in front of a congressional panel, Thursday's hearing on last month's GameStop-addled market frenzy comes at a much more pleasant time. The hearing convened seven expert witnesses to discuss proposals to reform U.S. stock market structure following extreme volatility in so-called meme stocks like GameStop Inc. GME, … A Congressional hearing today, February 18, will address the controversy, and several of the biggest players from the last few weeks will be in attendance. Click on the marker to see the description and watch. Watch live coverage of a House Financial Services Committee hearing with … House committee holds hearing on GameStop investors and stock market volatility – watch live Kari Paul in San Francisco. on February 18, 2021 at 5:38AM PST. Watch the real-time drama today. Robinhood drew public criticism for temporarily halting new GameStop share purchases as the price continued to soar. ALL RIGHTS RESERVED. #BREAKING: Chairwoman @RepMaxineWaters Announces #Robinhood, #Citadel, #MelvinCapital, #Reddit CEOs and Keith Gill to Testify at Committee Hearing | https://t.co/dvDenXvANQ pic.twitter.com/krRC0DhV0l. A leading Senate Democrat announced on Thursday that he would hold a hearing on the "broken" state of Wall Street as the stock market reels from the frenzy surrounding video game retailer Gamestop. Several Popular Reddit Penny Stocks Jump As GameStop Hearing Begins. ET. The hearing is available on the Financial Services Committee's official YouTube channel, and we've embedded the stream above so you can watch it all right here. Ethan Wolff-Mann ... What time is the hearing? It is the cherry on the next phase in a storied saga of retail versus institutions. Robinhood's CEO will be testifying before Congress today to discuss the unusual GameStop stock jump. Today markets a pivotal point in history for both penny stocks and blue-chips alike. New chambers of Poland’s Supreme Court may violate EU law, CJEU advocate general says in opinion By Rudy Takala Feb 18th, 2021, 11:44 am . The announcement on the committee's Twitter page says there could be additional witnesses, as well, but they were not listed. GameStop Hearing, Part 2 Robinhood CEO Vlad Tenev, along with investment firm executives, testifIed before the House Financial Services Committee on GameStop… A Congressional hearing into the GameStop mania that triggered the largest weekly selloff since late October is underway, with some of the key players in … The House Financial Services Committee is holding a hearing Thursday following January’s GameStop saga during which shares soared 1,600% before falling back to Earth. Robinhood's role in GameStop stock spike scrutinized by Congress. The episode last month, which saw GameStop shares soar 1,600% at one point, has been portrayed as a victory for the small investor — and a … Viewers can watch the livestream on The House Committee Financial Services’ YouTube channel. The chief executives of Reddit, Robinhood, Citadel and Melvin Capital, along with the Reddit poster who spearheaded the GameStop buying frenzy, were all in attendance at the hearing … The House Financial Services Committee holds a hearing to question the executives of Robinhood Markets Inc., Reddit and other firms that played a role in the GameStop stock drama. Keith Gill, the mastermind who kicked off the massive "squeeze" on WallStreetBets, was named in a proposed class-action lawsuit that alleges he wasn't honest about his position as a retail investor. The House Financial Services Committee will convene for a virtual hearing entitled, “Game Stopped? GameStop shares jumped briefly to more than 14,300%, and have since come crashing down. Watch CBSN Live. must watch Watch lawmakers grill Robinhood's CEO At the House Financial Services Committee hearing on GameStop, lawmakers aimed some of their harshest questions at Robinhood CEO Vlad Tenev. Watch GameStop Hearing Live: Reddit and Robinhood CEOs Testify. Press Release Reddit Penny Stocks Pop As GameStop Hearing Begins, 3 To Watch Published: Feb. 24, 2021 at 4:12 p.m. He previously worked as a licensed broker at MassMutual, but resigned earlier this year. Oliver O'Connell. The hearing will take place on Thursday, Feb. 18, 2021, at 12 p.m. A congressional hearing will try to explain everything about the GameStop stock roller coaster. The GameStop saga has been portrayed as a victory of the little guy over Wall Street giants, but not everyone is buying it and lawmakers have questions. Got a news tip or want to contact us directly? 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