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Most Volatile Stock Ever

By Anonymous

 As many of you may have heard, a couple months ago the stock market got flipped upside down. The well-known tech company and video game retailer, Gamestop, had one of the greatest short squeezes of all time! GME started the year with a share costing you right around $15, not terrible for large investments. Gamestop then January 25th got all the way to the upper end of $400. Reddit user "DFV" came across findings of firms betting against GME, he then posted on subreddit WallStreetBets, to buy tons of stock in GME thus driving up the share price. Well-known big corporate brokerage firms lost millions because of these young users. GME has since gone down and had days since that have been volatile along with their CEO stepping down leading to another day of a smaller short squeeze. In a year of the reddest day in Stock Market history, Gamestop saw success. 


Comments

  1. AnonymousMay 6, 2021 at 9:15 AM

    Beautifully executed

    ReplyDelete
  2. AnonymousMay 13, 2021 at 9:24 PM

    Thank you for this vital information will!!

    ReplyDelete

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