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GameStop Last 114.85 Change -110.15 (-48.96%) AMC Entertainment Last 7.78 Change -5.52 (-41.51%)
GameStop plunged on Tuesday, a second day of sharp declines in the stock, as a social media-fueled buying frenzy quickly lost its momentum, erasing billions of potential profits for investors who had been caught up in the enthusiasm.The selling hit shares of other companies that had also surged in the past few weeks, bid up by a group of small investors who had egged each on each other on Reddit and other forums. As GameStop fell about 50 percent on Tuesday, AMC …
