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The Gamestop short squeeze

Press & media:
Press / Media

Press & Media Information

Media Coverage

Title

How Gamestop's Stock Price Was Squeezed

Media type

Web

Media name

TalkMarkets

Media description

The story of how Gamestop (GME) went from a value of $11.01 per share on 13 November 2020 to reach $325.00 per share on 29 January 2021 has become a stock market legend. It has also become the subject of a fascinating academic study, where a new paper by Lorenzo Lucchini, Luca Maria Aiello, Laura Alessandretti, Gianmarco De Francisci Morales, Michele Starnini and Andrea Baronchelli investigated how social media contributed to the short squeeze that made GME into *the* prototype meme stock.

Date

2022-04-21

Description

Press coverage to the article "From Reddit to Wall Street: the role of committed minorities in financial collective action"