How GameStop became the perfect 'meme stock' for r/WallStreetBets - Business Insider

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How GameStop became the perfect 'meme stock' for r/WallStreetBets

The subreddit r/wallstreetbets drove up the price of GameStop shares and caused massive losses for hedge funds.The GameStop trading put the subreddit on the world's radar.

The subreddit eventually developed a culture around boasting about lack of market knowledge and a desire to show up hedge fund managers. reads:"Like 4chan found a Bloomberg terminal illness," and displays 6.1 million"degenerates," or members.

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