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UK investors warned to use ‘extreme caution’ by FCA after GameStop shares debacle

( January 29, 2021, 16:00 GMT | Official Statement) -- MLex Summary: UK investors have been warned to use “extreme caution” by the Financial Conduct Authority, after significant volatility in shares in US-listed companies. Following retail investor trading, which saw the share value of GameStop soar and then plummet as trading in the company by individuals was blocked, the FCA said in a statement on Twitter that “volatile markets are unpredictable and mean you can quickly lose money.”The tweet from the FCA is below...

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