GameStop, once a popular game store, found itself in financial trouble as large investors bet heavily against its stock, anticipating its imminent bankruptcy. However, a group of individual investors on Reddit, known as wallstreetbets, decided to take action and disrupt the plans of these big players. Among them, Roaring Kitty stood out for his influential YouTube broadcasts that kept the community engaged. As the stock price soared, notable figures like Elon Musk added fuel to the fire with timely tweets. Eventually, the Robinhood exchange sparked controversy by restricting the buy button for GameStop shares, leaving investors with only the option to sell. Stay updated on the latest tech news with NEWSLINKER.
