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The GameStop Stock Cult and Wall Street Bets
This chapter explores the rapid evolution of cult-like behavior within the internet movement Wall Street Bets, focusing on the GameStop stock cult and its impact on the stock market. It discusses the origins of Wall Street Bets as well as the GameStop short-squeeze play that became a self-fulfilling prophecy. The chapter also delves into the influence of influencers in driving hype for certain stocks and the attention they are receiving from regulators.