GameStop
GameStop is a retail company that sells video games, consoles, and gaming accessories. Founded in 1984, it has become a popular destination for gamers looking to buy, sell, or trade video games. The company operates thousands of stores across the United States and has expanded its online presence to reach a broader audience.
In early 2021, GameStop gained significant attention when its stock price surged dramatically due to a buying frenzy initiated by retail investors on the Reddit forum. This event highlighted the influence of social media on stock trading and raised questions about market dynamics and the role of institutional investors.