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Silver Calms as Market-Roiling Frenzy Shows Signs of Easing Off

Posts on Reddit’s WallStreetBets forum had initially called for a “short squeeze” of silver, with prices pushing higher and options trading surging. But sentiment has now turned with users speculating that supporting posts may be part of a pump-and-dump scheme -- or that hedge funds infiltrated the board. Tuesday’s slump in silver came alongside a plunge in shares of GameStop Corp. and AMC Entertainment Holdings Inc., two other popular trades.

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