NewsBeat
The ‘Buy Button’ Debacle that Rocked Meme Stocks
On Jan. 28, 2021, shares of the videogame retailer hit an intraday high of $483, after they had been trading below $20 at the start of the month. Legions of retail investors had fueled the rally, stoked by influencers such as Keith Gill, a.k.a. “Roaring Kitty,” and a desire to squeeze short-selling hedge funds that had bet against GameStop.