Social media discussions fueled 'meme stock' events and significant short squeezes, research finds
February 24, 2026
February 24, 2026
LAWRENCE, Kansas, Feb. 24 -- The University of Kansas posted the following news:
* * *
Social media discussions fueled 'meme stock' events and significant short squeezes, research finds
*
LAWRENCE -In January 2021, the "meme stock" GameStop (GME) saw a surge driven by the Reddit community. This sparked massive short squeezes that caused hedge funds to lose billions when the stock went from $17 to $483 in less than a month. < . . .
* * *
Social media discussions fueled 'meme stock' events and significant short squeezes, research finds
*
LAWRENCE -In January 2021, the "meme stock" GameStop (GME) saw a surge driven by the Reddit community. This sparked massive short squeezes that caused hedge funds to lose billions when the stock went from $17 to $483 in less than a month. < . . .