Scandal, Musk Tweets...: Gamestop Mayhem, Robinhood

The climax of the saga occurred on January 28, 2021, when the commission-free brokerage Robinhood and several other platforms abruptly restricted users from buying GME and other "meme stocks" like AMC and BlackBerry. An in-depth timeline of the GameStop short squeeze saga

: As a fierce critic of short-selling, Musk's endorsement served as a "battle cry," signaling an anti-establishment alliance between retail traders and one of the world's most powerful tech figures. The Scandal: Robinhood’s Trading Restrictions GameStop mayhem, Robinhood scandal, Musk tweets...

The Digital Uprising: GameStop, Robinhood, and the Musk Effect The climax of the saga occurred on January

The "mayhem" originated on Reddit's r/WallStreetBets (WSB) forum , where retail traders identified that GameStop (GME) was one of the most heavily shorted stocks on the market, with short interest exceeding 140% of its available shares. : Following the tweet, GME shares jumped over

: Following the tweet, GME shares jumped over 60% in after-hours trading.