Led by retail investors on the Reddit forum WallStreetBets, GameStop's stock price saw a meteoric rise of almost 2000% in three weeks. When the company's share price climbed from $17 on January 4th to just under $350 on January 27th, it seemed we were potentially witnessing a seismic shift in the equity markets. But as this Barron's article explains, while the WallStreetBets saga may have unfolded unlike any other in recent memory, at its core it's still a classic bubble.
