GameStop Soars 400% in Reddit-Fueled Stock Rally

The video discusses the GameStop phenomenon, highlighting the battle between short sellers and retail traders on Reddit's WallStreetBets. It covers the dramatic rise in GameStop's stock price, driven by retail investors challenging traditional market players. The video also explores the company's declining revenue and the impact of this financial drama during global lockdowns.

What is the main conflict described in the GameStop phenomenon?

• A rivalry between GameStop and online retailers

• A disagreement between GameStop's management and employees

• A competition between GameStop and other gaming companies

• A battle between short sellers and Reddit users

By how much did GameStop's stock increase at the open today?

• 10%

• 50%

• 32%

• 20%

What was the percentage increase in GameStop's stock over the past year?

• 10%

• 50%

• 20%

• 400%

What was the perception of GameStop's business before the stock rally?

• A thriving online retailer

• A leading gaming company

• A new startup with potential

• A dying company with falling revenues

What role did retail traders on Reddit play in the GameStop stock rally?

• They discussed and promoted the stock on Reddit

• They sold off their shares to short sellers

• They ignored the stock completely

• They advised against investing in GameStop