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The phrase “hold the line” becomes a rallying cry among these small investors, who see this as an opportunity to reclaim power from the large financial institutions that have long overlooked their contributions to the market.
The Turning Tide: Robinhood and Regulatory Scrutiny
Gradually, the situation escalates to a critical juncture when Robinhood—a trading app used by many retail investors—deems it necessary to halt buying options on GameStop shares. This dramatic move sends shockwaves through the investment community, inciting accusations of manipulation from retail investors who feel betrayed.