The GameStop Phenomenon: A Stock Market Saga

This chapter explores the dramatic rise of GameStop's stock, driven by the unexpected participation of retail investors and influencers, notably a YouTuber's humorous take on trading. It examines the intricate dynamics of short selling, short squeezes, and options trading that led to chaos in the financial markets, particularly targeting Melvin Capital. Through a detailed narrative, the chapter highlights the cultural context and the unpredictable influence of social media on stock prices during this unprecedented investment frenzy.