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Is Reddit Frenzy Over? GameStop, AMC and Silver Lose Significant Gains

The Reddit frenzy started by one particular group by the name of wallstreetbets that waged a war against Wall Street Hedge Funds seems to be dying down as most of the stocks including GameStop(GME), AMC cinemas(AMC), and Silver($SLV) lost a significant portion of their gains today. GME and AMC plunged by over 20% in the pre-market and Silver lost almost 10% after parking an 8-year high…