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Clover Health had slumped 12% on Thursday after short-selling specialist Hindenburg Research published a critical report of the Chamath Palihapitiya-backed company.
GameStop’s stock has now slumped to about $53 after scaling as high as $483 last week in a rally fueled by amateur traders on social media forums such as Reddit’s WallStreetBets. It is still up about 177% from levels at the start of the rally.
