GameStop, AMC tumble as retail trading mania cools

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GameStop shares had more than halved in value to $90 each on Tuesday following a rally that drove them up as high as $483 last week.

The wild gyrations in stock prices of companies including GameStop and AMC have drawn the attention of financial regulators.

U.S. Treasury Secretary Janet Yellen is calling a meeting of top officials, including from the Securities and Exchange Commission and the Federal Reserve, this week to discuss market volatility.

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