The Roller-Coaster Day for GameStop Shares

The Roller-Coaster Day for GameStop Shares

Assessment

Interactive Video

Business

University

Hard

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The video discusses the significant price swings of GameStop shares, highlighting a 50% retracement and subsequent reversal. It explores the potential impact of stimulus checks on the stock market, with Deutsche Bank estimating up to $150 billion could be invested. The discussion includes predictions from Deutsche Bank and JP Morgan about possible market behavior repetition, similar to events in December when retail traders invested their stimulus money, causing volatile market swings.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the overall impact of the stimulus checks on the stock market according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Deutsche Bank and JP Morgan predict regarding market swings?

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