Gamestop Corporation (GME)

[MagicSchoolBus DropOut]

The massive spikes you observed - some exceeding 2,000% - were likely driven by a combination of factors: Speculative Frenzy, Liquidity and Momentum and Market Sentiment.

Now, regarding the current lower levels: it doesn't necessarily indicate a lack of overall liquidity. Some stocks experience cycles of hype and correction. Liquidity remains, but sentiment and fundamentals play a crucial role.

In summary, while specific stocks may have cooled off, overall market liquidity persists.