They plunged as hedges doubled down on shorts and traded back and forth "publicly" to drive prices down and fool algorithms to sell and hopefully get public to stop holding so they can actually cover the shorts. I dont know if it will work, but stock is showing signs of holding in the mid $200s. If you bought the dip, you still came out doubling up from the $100ish low today. Might still climb higher as people migrate to other apps/find ways to actually buy again now that big tech is colluding to keep people out of the markets.