“Market crash you say ? I wonder how many GME shares Apes will be selling,” was the title of one popular post on subreddit r/Superstonk that answered itself with this. That theory was pervasive, even if trading volume on GameStop was less than half its daily average. “NOT!!!!!” and added a vulgar salutation to Citadel founder Ken Griffin, who is widely-viewed as the personification of investors short GameStop stock. I better sell my GME!!!” joked Reddit user Nazereth_99. Those losses jibed with the wider market panic prompted by the news of the new omicron coronavirus variant, but you would have been hard-pressed to find real concern about the share prices on the diehard Ape corners of Reddit and Twitter closed down rather hard on the day, falling 5.4% and 3.2% respectively. Black Friday is historically a strong day for retail and entertainment stocks, but both popular meme stocks - videogame retailer GameStop
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