GameStop Stock Controversy Explained In Hilarious Super Smash Bros. Video


A video posted to Reddit uses Super Smash Bros. Ultimate to explain the recent situation involving GameStop stock. The recent phenomenon, which saw Gamestop stocks skyrocket thanks to the subreddit WallStreetBets, has continued to make headlines. Super Smash Bros. Ultimate has also managed to retain popularity more than two years after its 2018 release.

For those without a history of stock market dealings, the explosion in GameStop’s stock price back in January may seem extremely unusual. Instigated by the subreddit WallStreetBets, the surge in GameStop price instantly reinvigorated a company that many considered to be on the brink of bankruptcy, particularly after nationwide store closures due to the COVID-19 pandemic. Most recently GameStop stock price tripled in value once again after the company’s CFO, Jim Bell, was fired by the board of directors.

SCREENRANT VIDEO OF THE DAY

To help explain the GameStop stock situation, Reddit user u/Double_Gunz has recreated the situation using Super Smash Bros. Ultimate as a medium. The video has Wario represent the hedge funders who bet against GameStop stock, which prompted the WallStreetBets group to invest in the company in turn. Diddy Kong is used to represent WallStreetBets, and by extension GameStop stock, while big brother Donkey Kong represents the Redditor who brought the situation to the group’s attention. The heroic Redditor defends GameStop stock, defending off Wario and skyrocketing Diddy Kong’s value.

While u/Double_Gunz’ video is an amusing summation of the GameStop stock situation, the epic financial saga is still ongoing. Keith Gill, the Redditor who drove WallStreetBets to supercharge GameStop stocks, is now being sued by hedge funds. These hedge funds, such as Melvin Capital Management and Citadel LLC, claim that Gill manipulated WallStreetBets for his own financial benefit. A video similar to u/Double_Gunz’, but created using Grand Theft Auto V rather than Super Smash Bros. Ultimate, has also been created to surmise the surprising stock saga.

The situation with GameStop, WallStreetBets and the Robinhood app is fairly complex for those who do not have an interest in the stock market. However, the high-profile nature of the case along with the popularity of GameStop among gamers means that many seek to learn more about the situation. u/Double_Gunz’ video, and others like it, help explain the GameStop situation in a way that Super Smash Bros. Ultimate fans can better understand.

Source: u/Double_Gunz/Reddit

MK11’s Spawn, Baraka, & Nightwolf Immortalized in New McFarlane Figures

About The Author

Thomas McNulty (1233 Articles Published)

Thomas McNulty is an avid reader, writer, game player and movie watcher from New Jersey. Movies, TV shows, video games, books and pop culture are personal passions, and he is thrilled to be writing about those topics that are so near and dear. If someone has a story to tell, they should be able to tell it. He is committed to delivering accuracy with every article and staying true to his voice.

More From Thomas McNulty

Related Posts

Best Card Games (Updated 2020)

Check out this list of our picks for the best card games you can find in 2020. We've chosen games that large or small groups can play for great fun.

The Flash Creates A Superpower Problem For Future Sequels

Barry Allen will run across the multiverse in Andy Muschietti's The Flash. This achievement may make him too powerful for future installments.

Why BOTW’s Lord Of The Mountain Is Also Known As Satori

BOTW's Lord of the Mountain, Satori, is not only a rare and magical mount, but it is also a loving tribute to one of Nintendo's beloved leaders.

What If…? Finally Did What The Main MCU Couldn’t

The Red Skull's fate on Vormir in the mainline MCU remains an open question but What If...? gave Hydra's supervillain leader a definitive ending.

Star Wars Name-Drops Star Trek’s Kirk and Spock

A new Star Wars canon novel makes a tongue-in-cheek reference to Star Trek's Kirk and Spock, bringing the two franchises together.

Marvel: 10 Comics Perfect For Fans Of Captain America & Bucky Barnes’ MCU Relationship

Though the comics can be very different from the MCU, here are some Marvel stories that mirror Bucky and Steve's relationship from the movies.

Dune: The Best Locations In The Movie

The verdant planet of Caladan to the spice-laden dunes of Arrakis, Dune spanned across several locations which were stunning. These are the best ones.

Alien: River Of Pain Depicted The Downfall Of Hadley’s Hope

Alien: River Of Pain is a 2014 novel that depicts the downfall of Alien's Hadley's Hope, including the role played by Weyland - Yutani in its end.