GameSpot is a video gaming website that provides news, reviews, previews, downloads, and other information on video games. The site was launched on May 1, 1996, created by Pete Deemer, Vince Broady and Jon Epstein. It was purchased by ZDNet, a brand which was later purchased by CNET Networks.
GameStop’s stock went soaring to unprecedented levels a few weeks ago as “retail investors” on sites like Reddit purchased shares, pushing the price higher in an effort to thwart short-sellers who were counting on the prices to fall even further. It was a very unusual situation that drew the attention of Congress, both for the initial surge as well as sites like Robinhood halting sales of the stock, stopping people from buying more in a move that some saw as protecting hedge funds over normal people. A Congressional hearing today, February 18, will address the controversy, and several of the biggest players from the last few weeks will be in attendance.
How To Watch The GameStop Hearing
Today, February 18, there will be a hearing by the House Committee on Financial Services at 9 AM PT / noon ET. The hearing is available on the Financial Services Committee’s official YouTube channel, and we’ve embedded the stream above so you can watch it all right here.
Who Is Testifying?
Several CEOs from the biggest actors in the GameStop stock fiasco will be testifying at the hearing.