noun, proper noun Internet Slang

GameStonk

· noun, proper noun · internet

The 2021 GameStop short-squeeze saga, in stonks-meme form.

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Definitions

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Shorthand for the whole January 2021 GameStop episode — retail piling into GME on WSB, hedge funds (Melvin, Citadel) getting squeezed, Robinhood pulling the buy button, congressional hearings. The moment retail realised it could move a stock and the moment brokers showed who they actually work for.

“Every finance podcast still dates itself by whether they covered GameStonk in real time or got there a week late.”
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GameStonk In A Sentence

Every finance podcast still dates itself by whether they covered GameStonk in real time or got there a week late.

Origin & Usage

Elon Musk tweet, 26 Jan 2021: just the word 'Gamestonk!!' with a link to r/wallstreetbets, mid-squeeze. The tweet sent GME up another ~50% after-hours and locked the term in. Fuses GameStop with the 'stonks' meme (intentional misspelling of stocks, from the 2017 'meme man at a Bloomberg terminal' image).

Variants GamestonkGME saga
Tags #wallstreetbets#gamestop#2021#short-squeeze#meme

People Also Ask

What does GameStonk mean?

It refers to the 2021 GameStop short-squeeze saga, told in stonks-meme form.

How do you use GameStonk in a sentence?

"Everyone was talking about GameStonk when the share price went vertical."

Where does GameStonk come from?

It combines GameStop with "stonks," the deliberately misspelled internet-meme version of "stocks."

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