What Role Did Social Media Platforms like Reddit Play in Coordinating the Investor Psychology behind the GameStop Gamma Squeeze?

Social media platforms like Reddit's WallStreetBets were instrumental in the GameStop squeeze. They acted as a coordination hub, allowing millions of retail investors to share a unified thesis and act collectively.

This created a powerful narrative of "retail vs. Wall Street," amplifying herd behavior and FOMO.

The constant stream of memes, "due diligence" posts, and encouragement fostered a strong sense of community and conviction, sustaining the buying pressure required to initiate and maintain the squeeze long after traditional models would have predicted a collapse.