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US Stock Market Regulator SEC Suspends Trading in 15 Companies Over Social Media Action

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Securities watchdog suspends trading for 15 stocks after suspicious social media activity

Securities watchdog suspends trading for 15 stocks after suspicious social media activity Regulators are closing monitoring social media for market manipulation following the GameStop frenzy 26 February 2021 • 9:03pm The US securities watchdog suspended trading in 15 companies’ stock today, claiming that their prices had been artificially inflated by a calculated social media campaign which exploited the market volatility.  It comes as a cybersecurity company analysis suggested that GameStop and other “meme stocks” may have pumped by bots, or automated accounts, on Twitter, Facebook and YouTube.  Friday’s suspension follows temporary bans of dozens more issuers, many of which may also have been targets of apparent social media attempts to artificially inflate their stock price, the Securities and Exchange Commission (SEC) said. 

Stock market news live updates: Stocks end mixed, Nasdaq recovers some losses but still posts worst week since October

Stock market news live updates: Stocks end mixed, Nasdaq recovers some losses but still posts worst week since October
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

SEC suspends trading of 15 penny stocks due to social media manipulation

SEC suspends trading of 15 penny stocks due to social media manipulation
dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.

U S SEC suspends trading in 15 securities due to questionable social media activity

U S SEC suspends trading in 15 securities due to questionable social media activity
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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