alt Hacker News2021: a Reddit short squeeze kept GameStop from going under. 2026: GameStop is bidding $55B for eBay, a company 4x its size. If it lands, this might be the strangest full circle moment public markets have ever produced.
Replies
Imustaskforhelp • today at 1:22 PM
Another interesting observation to me is not that Gamestop was able to go from this full circle moment but rather the fact that Reddit has such influence that it was able to create the conditions which led here.
If Gamestop is the king, then reddit was the king-maker.
Is it still riding the meme stock wave or has GameStop made a turnaround?