TIMELINE THE GAMESTOP
‘SHORT SQUEEZE’ 31.12.20
22.01.21
26.01.21
A combination of COVID-19 and competition from digital distribution mean that GameStop’s stock (GME) nets a peak value of only $22 on the NYSE.
140% of GameStop’s public float has been sold short by Wall Street. This activity is noticed by Reddit forum r/ WallStreetBets.
GME reaches a high of $150 when Reddit users utilise Robinhood and other retail brokers to buy stock en masse.
14
March 2021
