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Is it still riding the meme stock wave or has GameStop made a turnaround?
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I believe it is still a meme stock in the dark, "lose money quickly" corners of the internet.
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Liquid Assets:

May 2020: $570.3 million

Jan 2026: $9.013 billion

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Another interesting observation to me is not that Gamestop was able to go from this full circle moment but rather the fact that Reddit has such influence that it was able to create the conditions which led here.

If Gamestop is the king, then reddit was the king-maker.

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