Gme
In short
GameStop Corp. is an American retail company that sells video games, consoles, and gaming accessories. It is widely known for its massive stock market volatility caused by retail investor interest.
In plain words
The company owns physical shops where people buy gaming gear. It has become famous online because many regular people bought its shares at once to drive the price up.
A simple example
A teenager uses their savings to buy shares of the company through a mobile app. This action is part of a larger movement to influence the stock market.
Why it matters
It changed how people think about investing and the power of social media. It showed that large groups of small investors can challenge big hedge funds.
Easy to mix up
Do not confuse the company itself with the 'meme stock' phenomenon, which describes the trading behaviour rather than the business.