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| Happy Friday, Daily Money subscribers, it's Nathan Bomey once again. Let's dive right into it. |
| Total chaos. That summarizes what's happening in the markets with stocks like GameStop and AMC, which have been experiencing astonishing volatility. |
| This morning, GameStop shares briefly doubled after tumbling yesterday. Then they declined again. Investors have been rallying on Reddit: Here's how that happened. |
| Thursday was particularly tumultuous as the investment app Robinhood set off a firestorm when it temporarily restricted investors from buying shares of GameStop, AMC and several other companies. |
| Retail investors have been celebrating a short-term victory as they've caused losses for sophisticated Wall Street investors who shorted the stocks. But some are already warning that losses are coming. |
| In fact, it could get really ugly. |
| Could it affect your 401(k) account? Check out our story. |
| On to more Money & Tech news below. |
| --Nathan Bomey, USA TODAY Money reporter |
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