Billionaire Investor Icahn Said to Hold Large GameStop Short Position

The transcript discusses a large short position on GameStop, initiated during the meme stock boom. Despite a 71% drop in value since January 2021, the stock still shows a 501% gain compared to a 3% rise in the S&P 500. The investor believes the stock is not trading on fundamentals and expects it to fall further.

When did the short position on GameStop begin?

• In December 2020

• During the meme stock boom

• During the 2008 financial crisis

• In March 2021

What was the peak trading price of GameStop stock when the short position was initiated?

• $183 per share

• $300 per share

• $250 per share

• $100 per share

What percentage of its value has GameStop stock lost since January 2021?

• 90%

• 50%

• 71%

• 30%

Despite the decline, what is the overall gain of GameStop stock as of the end of October?

• 350%

• 200%

• 501%

• 100%

How does the overall gain of GameStop stock compare to the S&P 500?

• GameStop gained 200%, S&P 500 rose 2%

• GameStop gained 300%, S&P 500 rose 5%

• GameStop gained 100%, S&P 500 rose 10%

• GameStop gained 501%, S&P 500 rose 3%