FTX Tokenized Gamestop, AMC Stock On The Day Of Their Short Squeeze
investigativeeconomics.substack.com
In the fourth week of January of 2021, the stocks for the video game reseller Gamestop (GME) and the movie theater chain AMC shot up to become the highest traded stocks on the Dow Jones for a time. The surprising and maybe nonsensical movement in otherwise forgotten companies was driven by online chatter in forums like Reddit’s WallStreetBets that referred to them as “memestocks.”
FTX Tokenized Gamestop, AMC Stock On The Day Of Their Short Squeeze
FTX Tokenized Gamestop, AMC Stock On The Day…
FTX Tokenized Gamestop, AMC Stock On The Day Of Their Short Squeeze
In the fourth week of January of 2021, the stocks for the video game reseller Gamestop (GME) and the movie theater chain AMC shot up to become the highest traded stocks on the Dow Jones for a time. The surprising and maybe nonsensical movement in otherwise forgotten companies was driven by online chatter in forums like Reddit’s WallStreetBets that referred to them as “memestocks.”