Yes, on the evening of October 28th, 65438/kloc-0, the share price of Game Station plummeted by 24% after the opening of the US stock market, and then rose rapidly. During this period, it was blown several times, reaching a maximum of $482.85/share, with an increase of nearly 40%. Then it quickly plunged, and the long-short game was quite fierce. According to market sources, the game station once became the largest component of the Russell 2000 index (market value).

As of press time, the game station was suspended for the eighth time in the session, and the decline expanded to 3 1%, once rising by over 35%.

Extended data

The retail base camp was terminated: Discord platform decided to remove the Wallstreetbets server.

On the afternoon of 28th, it was reported that Discord announced on Wednesday that the server of r/WallStreetBets had been banned because it repeatedly violated the platform's anti-hate speech policy.

Discord spokesperson told the media: "The WallStreetBets server has been concerned by our security team for some time, because it has repeatedly violated community norms, including hate speech, beautifying violence and spreading false information. In the past few months, we have issued several warnings to the administrator of this service. Today, we decided to remove the server and its owner from Discord because they continue to allow hate and discriminatory content after receiving many warnings. "

Previously, in the past few days, the r/WallStreetBets community on Reddit has intensified the huge fluctuation of the stock market by pushing up the stock prices of GameStop, AMC Theaters and Nokia.

Although the r/WallStreetBets community was born in Reddit, its members set up a "server" on the group chat platform Discord for members to discuss the stock trading plan here.

Reddit community manager criticized Discord's move. On Wednesday, they posted on Reddit, saying: "Success also brought us torture, and our Discord server was the first victim. As we all know, if there are 250,000 people in a place, some people here will definitely say something unpleasant. However, the room itself is good, and the operators are excellent people. Disharmony poured dirty water on us. This is very immoral. "

But Discord said that their decision to remove the server had nothing to do with the trading activities discussed by the group. A Discord spokesperson said: "It needs to be clear that we have not disabled this server because of GameStop or other stock-related financial fraud. Discord welcomes all kinds of personal financial discussions, from investment clubs and day traders to college students and professional financial advisers. We are monitoring this situation. If there are allegations of illegal acts, we will cooperate with the authorities according to the specific circumstances. "

The trading activities carried out by the WallStreetBets community have caused serious damage to the traditional Wall Street institutions to a great extent. Only the short players of GameStop have suffered more than $5 billion in position losses.