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Reddit Investors Now Taking Losses As GameStop Stock Price Tumbles, SEC Investigating Potential ‘Manipulation’

Emily Zanotti
Reddit Investors Now Taking Losses As GameStop Stock Price Tumbles, SEC Investigating Potential ‘Manipulation’
Michael M. Santiago/Getty Images

Some Reddit investors are now showing losses on GameStop stock, but many are refusing to sell their shares, even given the stock’s sudden tumble, over plans to turn the social media-driven stock surge into a long-term war on Wall Street.

The SEC, though, is concerned that Reddit’s investors may have been manipulated.

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