The role of Reddit in the GameStop short squeeze

Abhinav Anand and Jalaj Pathak

Economics Letters, 2022, vol. 211, issue C

Abstract: We present evidence that the tone of r/wallstreetbets (WSB) discussions displayed significant predictive associations with intraday GameStop variables and that the comment distribution obeyed a power law and in fact it was 462 users whose posts most impacted GME.

Keywords: Short squeeze; GameStop; WallStreetBets (search for similar items in EconPapers)
JEL-codes: D91 G14 G40 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:211:y:2022:i:c:s0165176521004808

DOI: 10.1016/j.econlet.2021.110249

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