The Daily Money: Will GameStop come crashing down?

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The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Friday, January 29 Happy Friday, Daily Money subscribers, it's Nathan Bomey once again. Let's dive right into it. Total chaos. That summarizes what's happening in the markets with stocks like GameStop and AMC, which have been experiencing astonishing volatility. This morning, GameStop shares briefly doubled after tumbling yesterday. Then they declined again. Investors have been rallying on Reddit: Here's how that happened. Thursday was particularly tumultuous as the investment app Robinhood set off a firestorm when it temporarily restricted investors from buying shares of GameStop, AMC and several other companies. Retail investors have been celebrating a short-term victory as they've caused losses for sophisticated Wall Street investors who shorted the stocks. But some are already warning that losses are coming. In fact, it could get really ugly. Could it affect your 401(k) account? Check out our story. On to more Money & Tech news below. --Nathan Bomey, USA TODAY Money reporter GameStop surges as Robinhood lifts some trading restrictions Shares of GameStop, AMC and other stocks rebounded Friday after Robinhood said it will resume limited trading. GameStop-Robinhood stock-buying frenzy echoes Trump... How a Reddit group moved the markets Should you pay off student debt or is loan forgiveness... How COVID has changed which safety features car buyers... GameStop gamers risk real money on Wall Street Watch out, Redditors. What's the plan when GameStop... Are 401(k)s safe if stocks like GameStop, AMC can go... Robinhood to resume GameStop, AMC trading GM aiming for all-electric lineup by 2040   FOLLOW US Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2021 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102