The GameStop Short Squeeze: How Reddit Shook Wall Street

The GameStop short squeeze was a dramatic financial event in January 2021 where individual investors, primarily from the Reddit community r/wallstreetbets, drove up the stock price of the struggling video game retailer GameStop. This surge forced large institutional investors, who had bet against the company, to buy back shares at huge losses, highlighting the growing power of retail investors and social media in financial markets.