GameStop’s unexpected rise in stock value is unprecedented, a story that’s continuing to evolve and shock anyone who’s keeping up with it (even those of us who aren’t quite sure what’s going on).
It all started when a group of Reddit users decided to play the market, pushing the value of GameStop, a video game store that, like many other businesses, has been struggling to keep up with the pandemic (and the current digital gaming landscape, in general).
The activity in these stocks was such that financial companies like Robinhood and Interactive Brokers got involved this morning, restricting access to GameStop stocks and causing it to plummet, prompting politicians to comment on this situation, discussing how problematic it is for institutions to regulate who can and can’t invest in stocks.
Before that, though, there were many memes, touching upon the strangeness of the situation and just how freaking complicated stocks are. Here are some of our favorites:
“We will let the American people know when GameStop discounts a Legend of Zelda chess set in a dented box.” https://t.co/acwzeC5fIO
— Mike Drucker (@MikeDrucker) January 27, 2021
yea i’ve monitored the situation around gamestop many times, it was called freakin’ high school!!!!!!! https://t.co/hEEbmLk5Bm
— nuanced opinion guy (@charles_kinbote) January 27, 2021
After monitoring the situation, the Biden administration has decided in lieu of $2000 checks, the American people will receive $1400 in GameStop store credit https://t.co/suRXVFHf66
— Gabe Fernandez (@thelatinochild) January 27, 2021
RELATED: Trump’s Old Tweets: Here’s Where You Can Find Them
Me pretending to understand the stock market in order to partake in the GameStop memes pic.twitter.com/56bLVdALy6
— arianna (@mrtaytoofficial) January 27, 2021
prayers for girls whose boyfriends just said “should i try to short the gamestop stock” despite not knowing what a 401k is
— rebecca jennings (@rebexxxxa) January 27, 2021
https://t.co/6DEs0NDXQxpic.twitter.com/n1jADliDKu
— ☕️ Pumpkin Spice Lesbian ???? (@zenalbatross) January 27, 2021
me, reading explanations about the gamestop stock thing pic.twitter.com/Img8k98zDX
— E. Alex Jung (@e_alexjung) January 27, 2021
Every time I open this app pic.twitter.com/TXN8lY993z
— abdul ly (@lymusing) January 27, 2021
RELATED: Should You Wear Two Face Masks? Here’s What Experts Think
buying stock in claire’s and limited too, who’s with me pic.twitter.com/5JS5RWDBYe
— Jill Gutowitz (@jillboard) January 28, 2021
AMC and GameStop right now. pic.twitter.com/RyaMWUQIfA
— johnny (@justjohnny81) January 28, 2021
