chris garcia:i was looking forward to 2020 and beyond with the business. our spring season is justabout to kick off, right? school pictures,baseball picture day, softball picture day.and you know, march hits. reporter: wall street, and there are fearsthat the dow will drop, and drop quickly.we re already seeing that. reporter: more than 20%. chris garcia:i remember, literally, on a friday night, i m preparing for a baseballshoot the next morning. and 8 o clock atnight, i get that phone call. hey, we gotto cancel the shoot. and it s like domino effect.the next thing i know, like my entire spring is gone. reporter: america has passedthe grim milestone. reporter:they are saying we are on the vergeof a medical disaster. [clanging] reporter:millions of americans are sheltering at home,with the nation s economy almost at a virtualstandstill. - my mother wasa tax accountant. so my whole life it was like,you got to save money. got to save money.got to save money,which means i didn t. [laughs]
it was world war iiiat my home. my fiancée was like,what is going on? i am screaming. i m literally on the vergeof breaking stuff. i m about to drive to menlopark with big red paint and just be like cheaters right on their front door. like, you guys arescrewing us all over. like, robinhoodis you take from the rich and give to the poor. now robinhood s changingthe rules of the game so that they don t lose. - the market will takecare of this. the market will show thatgamestop is not a $500 stock or a $1,000 stock. it s a $5 stock. - you d see a slewof negative articles or an analyst downgrade. - last week wasn ta free market. it was a free for all market. - i think there is somethingobviously wrong, and it s the gamificationof wall street. - jim cramer,that dude from cnbc, he s like, you guys won.you guys won. take the money. jim cramer:take the home run. don t go for the grand slam.take the home run.
it was world war iiiat my home. my fiancée was like,what is going on? i am screaming. i m literally on the vergeof breaking stuff. i m about to drive to menlopark with big red paint and just be like cheaters right on their front door. like, you guys arescrewing us all over. like, robinhoodis you take from the rich and give to the poor. now robinhood s changingthe rules of the game so that they don t lose. - the market will takecare of this. the market will show thatgamestop is not a $500 stock or a $1,000 stock. it s a $5 stock. - you d see a slewof negative articles or an analyst downgrade. - last week wasn ta free market. it was a free for all market. - i think there is somethingobviously wrong, and it s the gamificationof wall street. - jim cramer,that dude from cnbc, he s like, you guys won.you guys won. take the money. jim cramer:take the home run.
reporter: wall street, and there are fearsthat the dow will drop, and drop quickly.we re already seeing that. reporter: more than 20%. chris garcia:i remember, literally, on a friday night, i m preparing for a baseballshoot the next morning. and 8 o clock atnight, i get that phone call. hey, we gotto cancel the shoot. and it s like domino effect.the next thing i know, like my entire spring is gone. reporter: america has passedthe grim milestone. reporter:they are saying we are on the vergeof a medical disaster. [clanging] reporter:millions of americans are sheltering at home,with the nation s economy almost at a virtualstandstill. - my mother wasa tax accountant. so my whole life it was like,you got to save money. got to save money.got to save money,which means i didn t. [laughs] i don t havea savings account. i have a little bit,but for all the years i ve been alive,it should be more. so i make enough moneyto pay my rent, but when everything went away it s kind of likemy rent still is
you re like, oh, my dude. i was like, oh. reporter: the stock droppeda whopping 44%. - it was soincredibly stressful. reporter: janet yellen,treasury secretary. the sec saidthey are watching. - [non-english speech] - dude, what the - there it is, and it is nowstarting to fall. - i have never seen anythinglike this in my three weeksof investing. reporter: and gamestopgoes down 44% today at the closing bell. it shot back up duringafter hours trading. the pricenow stands at $312 per share. [pounding] - oh, my lord. it was world war iiiat my home. my fiancée was like,what is going on? i am screaming. i m literally on the vergeof breaking stuff. i m about to drive to menlopark with big red paint and just be like cheaters right on their front door. like, you guys arescrewing us all over.