How an Army of Reddit Day Traders Sent GameStop Surging

How an Army of Reddit Day Traders Sent GameStop Surging

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the dramatic rise of GameStop's stock, driven by retail investors and social media platforms like Reddit's Wallstreetbets. This movement led to a significant short squeeze affecting hedge funds like Melvin Capital and Citron Research. The phenomenon highlighted the power of retail investors and the impact of social media on stock markets, causing disruptions in trading platforms and raising questions about market dynamics and regulation.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role did social media play in the rise of GameStop stock?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the term 'short squeeze' refer to in the context of the GameStop situation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the actions of retail investors impact hedge funds like Melvin Capital and Citron Research?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes in trading behavior were observed during the retail trading frenzy in 2020?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of retail investors consolidating their buying power.

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