by Lynde Langdon
Posted 1/28/21, 06:12 pm
Retail stock brokerages restricted trading of a number of struggling companies as a financial turf war broke out between hedge funds and internet investors. The conflict started when a volunteer army of investors on social media started buying stock in the electronics retailer GameStop and driving up its share price this month. That rankled big institutions that had shorted the stock in expectation it would fall as the company foundered.