Game Stop

Game Stop’s stock rose up over 800% in less than a week, but was it because of new leadership? No. New offerings? No.

Reddit users shorted the stock market? Yup! With nothing more than run-of-the-mill investing advice and access to trading platforms like Robinhood and E-Trade, thousands of people bought GameStop shares so quickly, it caused Wall Street investors to try to buy back stocks that they had sold.

Just watch "The Big Short" it's basically that, but with GameStop. Wall Street lost billions and some investment platforms even shut down sales of GameStop shares. The bottom line is sports betting became less popular, so the stock market offered a similar thrill. This illustration shows a nervous Wall Street investor watching the Game Stop stock rise as online leftists took it to an all-time high.