Billionaire Investor Icahn Said to Hold Large GameStop Short Position

Billionaire Investor Icahn Said to Hold Large GameStop Short Position

Assessment

Interactive Video

Business

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the individual's belief regarding the trading of GameStop stock?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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