How Reddit gamed the stock of GameStop

How Reddit gamed the stock of GameStop

A Reddit forum sent GameStop, AMC and other stocks rocketing up through the stock market — and upended the financial system in the process. r/WallStreetBets got Wall Street’s attention, and it doesn’t look like its users plan to stop any time soon. Here’s how it happened and what to expect. Read our full report: http://bit.ly/39wMEGJ Subscribe: http://goo.gl/G5RXGs Like The Verge on Facebook: https://goo.gl/2P1aGc Follow on Twitter: https://goo.gl/XTWX61 Follow on Instagram: https://goo.gl/7ZeLvX Why’d You Push That Button Podcast: https://pod.link/1295289748 The Vergecast Podcast: https://pod.link/430333725 More about our podcasts: https://www.theverge.com/podcasts Read More: http://www.theverge.com Community guidelines: http://bit.ly/2D0hlAv Wallpapers from The Verge: https://bit.ly/2xQXYJr Subscribe to Verge Science on YouTube, a new home base for our explorations into the future of science: http://bit.ly/2FqJZMl

50 Comments

  1. Travis Cornwell on February 5, 2021 at 9:04 pm

    OXLC is a Dividend Champ!



  2. Vylkeer on February 5, 2021 at 9:09 pm

    GameStock is the perfect title for this video. It also avoids the GameStop Stock tongue twister.



  3. Harry Jacob on February 5, 2021 at 9:09 pm

    Stocks are good but I swapped and invested in cryptocurrency(Bitcoin) I’ve been earning much from it💵
    people will be kicking themselves in regrets in few weeks if they miss this opportunity of buying and investing in Bitcoin (Cryptocurrency).



  4. Samir Jain on February 5, 2021 at 9:09 pm

    Please add scripted captions



  5. Negi1001 on February 5, 2021 at 9:11 pm

    ok but seriously, don’t let this be a one time thing.

    we just acted like millennials. and we managed to screw them over. their system has been screamed at being faulty for years and we actually proved that EASEILY. WETHER YOU DID IT FOR A MEME, OR BECUASE YOU WERE TRIGGERED, WE JUST MADE A POINT IN HISTORY AND CHALLENGED THEIR BEIGGEST FORM OF CAPTIALISM AND IT WASN’T EVEN HARD! DON’T GIVE THEM A CHANCE TO RECOVER AND MAKE IT HARD!



  6. D rizzle on February 5, 2021 at 9:13 pm

    Robinhood is getting sues for restricting how much stock they can buy which breaks their company policy



  7. Kakashi Hatake on February 5, 2021 at 9:14 pm

    Game stonks



  8. Eric Cartman on February 5, 2021 at 9:14 pm

    Where do Verge finds these wastes?



  9. Cody Boudreaux on February 5, 2021 at 9:16 pm

    Wow, you ppl



  10. Terry Tibbs on February 5, 2021 at 9:16 pm

    she look high as a kite



  11. siguy923 on February 5, 2021 at 9:16 pm

    Almost as many dislikes as likes. I bet a comment can overtake the likes of this video.



  12. Liquicitizen Joey on February 5, 2021 at 9:17 pm

    The very first second she says *BUY NOW"

    The rest of the video u dont need to watch.

    Just buy GME AND HOLD DAMMIT!



  13. Sai Yelave on February 5, 2021 at 9:17 pm

    this is the worst big picture episode



  14. Spencer on February 5, 2021 at 9:18 pm

    How can anyone take this asshat of a company seriously?



  15. wnnalis cioov on February 5, 2021 at 9:19 pm

    I want my 4 mins back.



  16. Gadila Ravi Kumar on February 5, 2021 at 9:23 pm

    Nothing in this video. I wasted my time



  17. John Smith on February 5, 2021 at 9:24 pm

    Are CNN and CNBC calling the reddit guys stockmarket terrorists and white supremacists yet?



  18. Ra sh on February 5, 2021 at 9:24 pm

    Did you guys fire the black kid



  19. NickDangerThirdGuy on February 5, 2021 at 9:25 pm

    This what OCCUPY never was able to accomplish!



  20. Music Calgary on February 5, 2021 at 9:28 pm

    Is this chick on glue? Worst video on this topic so far LOL.



  21. Bury tha Wizard on February 5, 2021 at 9:29 pm

    If your watching this video bc you are looking for a good and correct understanding of the GameStop stock scandal/whatever you call it, this is not your video. This is a horribly incorrect explanation.
    This lady must like hearing herself talk bc what she is saying is schizophrenic!



  22. Ryan Klokkers on February 5, 2021 at 9:30 pm

    Which reddit user started the hype?



  23. Grand Adventure Japan on February 5, 2021 at 9:31 pm

    God bless America !



  24. Phoenix on February 5, 2021 at 9:34 pm

    🚀



  25. MeltingRubberZ28 on February 5, 2021 at 9:36 pm

    Can’t trade stocks without the government intervening, but social media can actively censor and they do nothing.

    This is America in 2021.



  26. Neel Patel on February 5, 2021 at 9:36 pm

    Poor job by the verge. Instead of explaining how it happened You are just saying the one part of the story



  27. Cassie H on February 5, 2021 at 9:37 pm

    My OF account is totally free to subscribe!💖 😋 Raptors fan! 😉 sweetbabycassie​



  28. Lightening Emperor on February 5, 2021 at 9:38 pm

    HODL



  29. BLCK TABLE MUSIC on February 5, 2021 at 9:38 pm

    If you actually read wall street bets….. there aint no dump planned.



  30. Synarus Coaching on February 5, 2021 at 9:40 pm

    Lesson is: the more free market is (less fees) and the more people find it as best thing to spend time on since they cant work or do otherthings coz covid, the more threatened should be ones, whose making money out of beying big and manipulating. Solo person has large versatility, company has low versatility. Versatility goes up => less plays like gamestop will happen from big companies eventualy.



  31. usun on February 5, 2021 at 9:40 pm

    You completely missed the point. On purpose?



  32. Muneeb J. on February 5, 2021 at 9:40 pm

    It’s called r "slash" subreddit



  33. C.R. Quinn on February 5, 2021 at 9:41 pm

    I’m in. Holding



  34. Emrul Zawad on February 5, 2021 at 9:46 pm

    lol



  35. Yogi on February 5, 2021 at 9:47 pm

    Shorts are legal
    Lobbying is legal
    Hedgehogs can trade
    Little guys can’t trade
    💎🙌🚀



  36. karan nashine on February 5, 2021 at 9:47 pm

    This video literally did not explain anything



  37. DanielPasten on February 5, 2021 at 9:48 pm

    this presenter doesn’t know how to pronounce anything



  38. John D. on February 5, 2021 at 9:51 pm

    what a ridiculous video. for those new to the topic, the redditers are the good guys, the hedgefunds are the bad guys.



  39. Barry Wood on February 5, 2021 at 9:51 pm

    She doesn’t really know what she is talking about



  40. furbs on February 5, 2021 at 9:52 pm

    Your nauseating to watch love. Report, don’t act.



  41. mikin lirou on February 5, 2021 at 9:53 pm

    I want my 4 mins back.



  42. Allen Italiano on February 5, 2021 at 9:54 pm

    Terrible explanation



  43. ABDo ABDO on February 5, 2021 at 9:56 pm

    ‏يا عودي



  44. Peter McLelland on February 5, 2021 at 9:58 pm

    ‘Nanny Yellan’ will look after her Hedge fund siblings ? Full bib & nappy change ? – ‘There’ !



  45. Rickie Blu on February 5, 2021 at 9:58 pm

    can anyone translate this to me lmao. its all gibberish to me. i googled stock cause its been all over reddit and i dont get it. can anyone explain this for a dummy like me lmao



  46. Technology Disclosures on February 5, 2021 at 9:58 pm

    Amazing how buying power has influenced the markets. Large corporations are worried.



  47. da ne on February 5, 2021 at 9:59 pm

    But Nokia.



  48. sid45365 on February 5, 2021 at 10:00 pm

    Short squeeze



  49. gioyu comi on February 5, 2021 at 10:01 pm

    DO NOT SELL AMC // GME // BB // NOK !!!!!! HOLDDDD🚀🚀🚀 ONE STAR REVIEW ROBINHOOD STAY STRONG BOYS



  50. Frykauf La Kosta on February 5, 2021 at 10:02 pm

    Oh Verge writers. Why does literally everything has to be „you have to look at the big picture“. Even the host has trouble not smiling when she has to say it.