goobquake
(n)

(1) a 40% or more decline in a meme-stonk or poorly researched internet company.
(2) the content of the CEO's pants when the feds investigate a motorcycle shop's PPP loan.
- OMG have you checked $LK today - its undergoing a goobquake.

- @bagholderquotes was up all night after $TSLA experienced a complete goobquake.