GME

What Does GME Mean in a Text?

The Quick Answer

GME means "Game Stop Stock."

More Observations...

GME is the stock ticker symbol for an American video game retailer. It gained its notoriety in January 2021 when it became the 'Meme Stock' of the subreddit WallStreetBets (WSB.)

The company (and its stocks) declined during the mid-late 2010s due to the shift of video game sales to online storefronts and failed investments by GameStop in smartphone retail. This decline was taken advantage of by hedge funds who over-borrowed and over-sold GME stock causing a short. A user named DeepFuckingValue noticed that the stock was illegally shorted by 140% and posted his 'bets' on WSB. In 2021, millions of WSB users orchestrated a short squeeze of the GME stock by collectively purchasing a large amount. The company's stock price skyrocketed initiating a battle between the internet and the hedge funds. The idea of a free market and hedge funds were called into question.

Image for GME

When I write GME, I mean this:

GME (Game Stop Stock) is the stock ticker for the video games retailer.

Summary of Key Points

We have summarized the key points in the table below:

GME
Definition:	Game Stop Stock
Type:	Abbreviation
Guessability:	5: Extremely difficult to guess
Typical Users:	Adults and Teenagers

Examples of GME in Sentences

Here are examples of GME in conversations:

Tom: How much money did you lose on GME?
Jerry: Nothing. I sold before it dipped below what I paid.
Tom: I wish I'd done that.

Edward: What did you do with your gains from GME?
Daniel: I bought a new car!

An Academic Look at GME

As it is pronounced using its individual letters (i.e., "Jee Em Ee"), GME is classified as an initialism abbreviation. Initialisms are different to acronyms, which are spoken like words.