The current events in Ukraine led to many economic sanctions against Russia. Despite this war is the result of leaders, not their citizens, the West decided to define many very hard sanctions which resulted into making it impossible to trade with Russian Stocks right now. (After the close of the Moscow Exchange, ADRs listed in the US and GDRs listed on the London Stock Exchange also can’t be bought anymore)
Because many Russian stocks can only be sold right now, the prices for these fell more and more. Speculators who bought some stocks in the beginning of this Week could get these shares very cheap on the few Exchanges and Brokers which still traded them, but now these Speculators also can’t trade Russian stocks anymore.