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can someone explain the gamestop situation to me

@ahamkara there's a subreddit that does stocks as a meme basically. They saw people short-selling gamestop shares (which is some kind of bet against the price going up basically) and decided to push the stock really far up as a meme.

The people short-selling accused the subreddit of doing a lot of hacking and harassment, including of minors, which I have not seen any detail on. They flipped out and backed out of the whole thing.

They are still pushing the price up, destroying short-sellers.

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