Marketplace®

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Episode 355Jan 26, 2021

How GameStop became a “meme stock”

A certain corner of the internet has found the biggest casino on Earth.

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People pass a GameStop store in lower Manhattan on September 16, 2019 in New York City.
People pass a GameStop store in lower Manhattan on September 16, 2019 in New York City.
Spencer Platt/Getty Images

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We looked at GameStop’s ballooning share price Friday, and since then things have … progressed. Today, we’ll look at what happened between the beleaguered video game retailer and r/WallStreetBets with “numb fascination.” Plus: contrasting Twitter and Facebook’s rules around misinformation and — one more time — Janet Treasury-Secretaryin’.

Here’s everything we talked about today:

The Team