Collected Item: “Gamestop Part Two”
Give your story a title.
Gamestop Part Two
What sort of object is this: text story, photograph, video, audio interview, screenshot, drawing, meme, etc.?
Screenshot
Tell us a story; share your experience. Describe what the object or story you've uploaded says about the pandemic, and/or why what you've submitted is important to you.
In January 2021, Gamestop, a heavily shorted stock, soared through the roof. After tremendous manipulation and the threat of government intervention, the stock plummeted and most people assumed that the GME saga was over. They were all wrong. In early March, after a month of trading low, GME again skyrocketed in a matter of days. This time, it was fueled by the Covid relief checks that the Federal government just approved. Retail investors, especially young people, became more willing to throw over a thousand dollars into the ring. Only time will tell if this is the true Mother of All Short Squeezes as the Reddit community Wallstreetbets predicts.
Use one-word hashtags (separated by commas) to describe your story. For example: Where did it originate? How does this object make you feel? How does this object relate to the pandemic?
#Stimulus, #Gamestop
Who originally created this object? (If you created this object, such as photo, then put "self" here.)
Nasdaq
Give this story a date.
2021-03-11