GME (GameStop)

GameStop (GME) is a video game retailer that gained significant attention in early 2021 when its stock price skyrocketed due to a massive buying frenzy led by retail investors on platforms like Reddit. This surge was partly a response to hedge funds betting against the stock, known as short selling. The situation highlighted issues of market dynamics and investor power, as many small investors banded together to challenge large financial institutions. The event raised discussions about the role of social media in trading, market regulation, and the accessibility of stock investment for everyday individuals.