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Transcripts For KGO ABC World News Tonight With David Muir 20190316

Tourists take cover. Day of rage. Protesters targeting a paris landmark, torching symbols of luxury. Nearly 200 detained. The intensifying violence tonight. Plus, the Husband Police are calling armed and dangerous. Vanishing after his wifes murder. And new questions tonight about the death of his first wife. And good evening. Thanks for joining us on this saturday. Im tom llamas. And we begin with that breaking news from new zealand and the horrific mosque shootings that left at least 50 people dead. That death toll rising tonight. The 28yearold suspect accused in the killing spree, his face blurred by authorities. Seen on camera there in christchurch courtroom. Law enforcement searching his home, hunting for evidence. This, as new stories of courage and heroism emerge. And why many are now calling this man a hero tonight. People in that nation express deep grief tonight. Paying tribute to victims gunned down in two houses of worship. The Prime Minister vowing that following the traged

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GameStop's stock surge doesn't mask reality

Sources tell FOX Business Charlie Gasparino that hedge funds are worried that Congress may force laws restricting trading practices, including short selling. Behind GameStop s stock surge is the grim reality of its prospects: The video game retailer is floundering even as the industry around it is booming. GameStop has been swept up in a battle between big-moneyed hedge funds betting against it and small investors trying to prop it up. That has caused GameStop s share price to soar despite the shaky financials underneath. Flailing companies like AMC Entertainment and American Airlines have likewise enjoyed a stock surge, but GameStop has been the primary battleground between the Davids and the Goliaths. Shares rocketed 1,600% in the last three weeks, closing at $325 per share on Friday and giving GameStop a market cap of nearly $17 billion. Shares have since cratered. On Tuesday, they fell 60% to close at $90.

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