GameStop: The best memes about Reddit, Wall Street and trading
This week, Reddit users managed to successfully push up the value of gaming retailer GameStop after a call to action from both Elon Musk and subreddit r/WallStreetBets.
As a result, hedge funds lost a lot of money, while many new Wall Street investors found themselves significantly wealthier after the company’s stocks jumped to $230.
On social media, the apparent success and ensuing chaos caused in the stock market has been met with amusement, with many creating new memes finding the humour in GameStop’s sudden and unprecedented value.
In one meme shared on Twitter, which has since been liked more than 721,000 times, Sesame Street’s big bird sits at a conference table with men sitting in front of their open laptops.
“GameStop sitting amongst Tesla and Amazon after Reddit users make it a Fortune 500 company,” the caption reads.
Another person joked that the wealth they accumulated from purchasing stock in GameStop was enough to allow them to retire.
“My retirement plan is simple: four days ago I started trading exactly one stock,” they wrote.
GameStop sitting amongst Tesla and Amazon after reddit users make it a Fortune 500 company pic.twitter.com/AVUtcjs6gl
— Jordan Deeb (@Jordan_Deeb) January 27, 2021
my retirement plan is simple: four days ago I started trading exactly one stock
— ☕netw3rk (@netw3rk) January 27, 2021
Others asked the internet for help understanding the Wall Street GameStop situation, with one person tweeting: “Can someone explain the GameStop thing to me like I’m five?”
The stock surge also prompted jokes about Reddit users surpassing Tesla’s CEO as the wealthiest person in the world, as well as memes about hedge fund investors having to learn what budgeting is and comparisons to the film The Wolf of Wall Street.
These are some of the best memes that have arisen out of the GameStop Wall Street saga.
Wall Street right now pic.twitter.com/LmmrQdc7jI
— Paul Lawson (@PaulLaw10) January 27, 2021
Redditors the last few days 😂#GameStop #HedgeFunds #StockMarket pic.twitter.com/rtCp1qUn51
— ◰.℉RISCO◰ 𓅃ྂ ྂ𒁂 (@friscojcordero) January 28, 2021
Your hedge fund collapsed? Sorry to hear that sir. I'm afraid I'm not authorized to give discounts- that'll be $18.95 pic.twitter.com/Xjq6aikatl
— Delicious Tacos (@Delicious_Tacos) January 27, 2021
me after making $9 investing in game stop pic.twitter.com/utaDq8H09H
— manny (@mannyfidel) January 27, 2021
#GameStop r/wallstreetbets pic.twitter.com/oYyPPfu35g
— Lou (@Loulea828) January 28, 2021
My husband trying to explain #GameStop to me: pic.twitter.com/BkzwKA22wJ
— Tomris Laffly (@TomiLaffly) January 28, 2021
You can follow the latest updates about Reddit, GameStop and Wall Street here.
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