The invisible backhand of the meme market

By Murad Hemmadi Jan 27, 2021

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Well, they’ve got the White House’s attention. The Reddit-orchestrated effort to drive up the stock price of GameStop has sunk short-selling investment firms, picked up support from noted Twitter capitalists Chamath Palihapitiya and Elon Musk, and diverted the attention of every financial newsroom on the continent. If you’re just tuning into the story, you’ve got a lot to catch up on.

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