Gamestop stock surge refers to the massive success of gamestop in the stock market during january 2021 soaring to 76 a stock thanks largely to hype on reddit s r wallstreetbets. The rise of the retail investor blasts apart conventional wisdom when it comes to stock market valuation as tesla gamestop and other meme friendlies show.
Gamestop Know Your Meme
A trunkload of games might seem like a lot but that won t stop gamestop from offering a low amount for the entire lot.
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Meme gamestop. When redditors got word of this they launched a coordinated plan to surge gamestop s value in the stock market by urging investors to pour money in. Or maybe and i think this to be the most likely they go to get new material to trash talk gamestop. Essentially hedge funders were trying to short gamestop stock.
Gamestop memes love to hate on gamestop. But it was preceded last year by hertz and kodak which despite having struggling businesses saw their stock prices soar when they became reddit darlings. Gamers laugh at this meme because the original price of the games combined might even be worth more than the car hence why they only offered a dollar more for it.
The hype there caused gamestop to be one of the most traded stocks on wall street that month and on january 22nd there were 134 million trades of the stock. Maybe they go to glimpse gamer chicks. Gamestop meme stocks and the revenge of the retail trader.
And now stocks like amc nokia. Their policies are borderline insane and those who actually trade their items in find themselves with a lighter. Maybe gamers go to gamestop to get their moms off their back about getting enough vitamin d.
Gamestop is the best known of these meme stocks simply because its gains have become so outrageous. Here are some of the best reactions and memes about gamestop stock that have flooded the internet this week many of which center on the fact that most of us know pretty much nothing about wall street but we know just enough to get a kick out of this news cycle. The company s stocks opened at 88 on tuesday and jumped 90 by close.
Meanwhile most non investors on twitter are enjoying the ride. Alex wilhelm jonathan shieber 17 hours gamestop shares are set to rally 70 this morning when trading starts and amc shares opened up.
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