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Roaring Kitty Resurfaces: GameStop Shares Soar Amid Meme-Stock Revival

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the staff of the Ridgewood blog

Ridgewood NJ, in a resurgence that echoes the frenzy of 2021, GameStop shares skyrocketed to their highest level since 2022, fueled by the reappearance of a central figure in the meme-stock movement after three years of silence.

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Robinhood intends to go public on Thursday, Even as it is being widely investigated over its role in January’s GameStop bonanza

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the staff of the Ridgewood blog

Washington DC, Robinhood says it is being widely investigated over its role in January’s GameStop bonanza; is subject to at least 49 class action lawsuits. Robinhood still intends to go public on Thursday. The company is subject to at least 49 class-action lawsuits over its restriction of the purchase of GameStop stock in January. It is under investigation by a series of regulators, state attorneys general, the SEC, and the US Department of Justice. The company’s CEO had his cell phone seized by federal attorneys. Robinhood acknowledges that the fallout from its restrictions has the potential to be disastrous for the company.

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Run on Silver May Collapse Markets Within Weeks

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By Charles Stampul
While Congress begins hearings today to investigate the short squeeze of GameStop three weeks ago, a much larger and more significant squeeze is taking shape, putting at risk not just a few large hedge funds, but also some of the largest financial institutions in the world, if not the entire financial system itself.

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