How A Reddit Forum Caused GameStop’s Stock Price To Surge

Adam Galtrey
DataDrivenInvestor
Published in
5 min readJan 24, 2021

--

The short squeeze behind r/WallStreetBets’ bet on GameStop (GME)

GameStop Logo — From SchoolPhotoProject

GameStop stock was in the gutter for most of last year, trading around $5 a share. At the start of January, they were worth around $20. Now, just a few weeks later, they’ve miraculously set an all-time high of $76.

--

--