Why GameStop's Meme Stock Frenzy Was A Perfect Storm That Will Never Be Repeated - GameStop (NYSE:GME)
The 2021 meme-stock frenzy that saw the now infamous short squeeze of GameStop and AMC Entertainment was a moment in time that was the culmination of government stimulus packages, an engaged retail market recovering from a pandemic, and a flat-footed Wall Street. Today’s cost-of-living crisis means that it may be many years before we see anything close to the GME phenomenon.
Source: benzinga.com