GameStop chaos weighing on equity market

Mon, 01 Feb 2021

The New Zealand share market had a slow start to February, with investors nervous about fallout from the GameStop drama.The S&P/NZX 50 Index fell 30.04 points, or 0.2 percent, to 13,097.25. Within the index, 23 stocks fell, 20 rose and seven were unchanged. Turnover was just $90.5 million as a third of the country was off work for Auckland Anniversary Day. Key indices in the United States fell about 2 percent on Friday night as the fallout from the GameStop short squeeze continued to unsettle investors who were already wary of record h...

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