Wells Fargo bans advisers from recommending GameStop, AMC
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Clients can still call their advisers to initiate trades in those stocks, a bank spokesperson said. Both companies' shares have surged amid a push from retail traders.
Wells Fargo & Co. banned its advisers from recommending the stock of GameStop Corp. and AMC Entertainment Holdings Inc., whose shares have surged amid a push from online retail traders.
“As of today, Wells Fargo Advisors is not allowing solicitation of those two securities,” a s
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