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How GameStop And Other Meme Stocks Became The Centerpiece Of A Stock Market Frenzy

how gamestop and other meme stocks became the cent

If you have been paying any attention to the news over the past few weeks, you may have heard of the exponential rise and the equally dramatic drop in the share price of videogame retailer GameStop (GME) and other meme stocks those favored by millennials like AMC Theaters. The two-week frenzy, which pitted individual amateur investors against seasoned professionals and resulted in a Congressional inquiry began rather innocently in an online community on Reddit.