From my understanding, they did the same thing with GME and AMC. Assuming hedge funds. They're buying and selling their own shares of stocks over and over again, putting shorts on it, and intentionally driving down the price so they get money on the shorts even though they're losing some money on the stocks themselves.
I am new to stocks...but I am pretty sure it's blatant market manipulation.
From my understanding, they did the same thing with GME and AMC. Assuming hedge funds. They're buying and selling their own shares of stocks over and over again, putting shorts on it, and intentionally driving down the price so they get money on the shorts even though they're losing some money on the stocks themselves.