SEC Has Also Been Reviewing Trading In GameStop Call Options Around The Time Of Gill's Social-Media Posts
Portfolio Pulse from Benzinga Newsdesk
The SEC has been reviewing trading activities in GameStop call options, according to a report by the Wall Street Journal.
June 03, 2024 | 7:47 pm
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NEUTRAL IMPACT
The SEC's review of trading activities in GameStop call options could lead to increased regulatory scrutiny and potential volatility in the stock price.
The SEC's involvement typically signals potential regulatory actions or increased scrutiny, which can lead to short-term volatility in the stock price. However, the exact impact will depend on the findings and any subsequent actions taken by the SEC.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100