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Is GameStop a bubble? History’s spectacular crashes from tulips to beanie babies Photo: ReutersPremium Marco Quiroz-Gutierrez Share Via If GameStop is a bubble, it’s hardly the first. From tulip mania in the 17th century to the dot-com spectacle of the 1990s, bubbles have boosted—and burned—investors for centuries. TRENDING STORIESSee All 1 min read Premium 1 min read Premium 2 min read Premium 1 min read Here’s a look at some previous bubbles: Tulip Mania When tulips were introduced to Western Europe in the 16th century, they were prized for their brilliant colors. Eventually, t...

Tuesday, February 2, 2021 GameStop, a company described on January 26, 2021, in the  Wall Street Journal as a “moribund mall retailer” that sold electronic games, but not very many with the closing of malls as a result of the growth of e-commerce, and even fewer after the shutdowns of non-essential shopping stores due to COVID, has seen its stock (listed on the New York Stock Exchange) share price rise in the last year from a low of $2.57 to $483.00. Almost all of that gain has occurred since Friday, January 22, 2021. What business development caused this? The simple answer t...