GME - Page 37

GME stands for GameStop Corp., a publicly traded company based in the United States that specializes in video games, consumer electronics, and gaming merchandise. The term is often used in the context of the significant stock market events that occurred in early 2021, when the stock price of GameStop surged dramatically due to a coordinated buying effort by retail investors, particularly from the subreddit r/WallStreetBets. This event highlighted themes of market manipulation, the power of social media in finance, and the dynamics between retail investors and hedge funds. The GME phenomenon became emblematic of the broader discussion regarding investment strategies, stock market volatility, and the democratization of trading through online platforms.