
In January 2021, a group of retail traders from the Reddit page r/wallstreetbets had collectively sent the share price of GameStop (NYSE:GME) to all-time highs, causing hedge fund managers and institutional investors who shorted the stock to lose millions of dollars.
This article goes back in time and concludes the most important aspects of the GameStop Saga, explains the consequences and provides insights into recent earnings and the company's NFT-plans.