A surge of trading volume in shares of GameStop and AMC Entertainment, as well as Bed Bath & Beyond and BlackBerry, has stunned Wall Street firms that were betting that those stocks would fall.

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The share prices had instead spiked this week as retail investors, spurred by the online Reddit forum WallStreetBets, piled into the stocks. The volatility continued Wednesday as platforms like Robinhood and Interactive Brokers limited trading on certain stocks.

Robinhood, which has billed itself as a democratizing force in the market, in particular took criticism, with Barstool founder Dave Portnoy tweeting that "either Robinhood allows free trading or it's the end of Robinhood. Period."

TickerSecurityLastChangeChange %GMEGAMESTOP CORP208.46-136.53-39.58%AMCAMC ENTERTAINMENT HOLDINGS INC9.32-10.56-53.12%NOKNOKIA CORP.4.78-1.85-27.98%BBBLACKBERRY LIMITED15.60-9.32-37.40%Powered by

Robinhood defended the decision Wednesday, saying "we continuously monitor the markets and make changes where necessary."

The Securities and Exchange Commission said Tuesday it is monitoring the volatility.

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Follow for the latest updates on the GameStop and AMC Entertainment trading frenzy. Mobile users click here.

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https://www.foxbusiness.com/markets/live-updates-gamestop-amc-trading-frenzy-wall-street

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