GameStop, once a popular game store, found itself in financial trouble, leading to large investors betting against its stocks. However, a group of individual investors on Reddit, known as wallstreetbets, decided to disrupt this game. Among them was Roaring Kitty, who used YouTube broadcasts to rally the community until the stock price plummeted by the end of 2021.
During this tumultuous time, Elon Musk made a surprise tweet that helped break a tough resistance against GameStop’s stock. Eventually, the Robinhood exchange controversially disabled the buy button for GME, allowing only selling. Stay updated on the latest technology news with NEWSLINKER.