Icahn Said to Hold Large GameStop Short Position

Icahn Said to Hold Large GameStop Short Position

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the shorting of GameStop stock, focusing on the investment strategy during the meme stock frenzy. It highlights the lack of faith in GameStop's turnaround plan and the significant short interest in the stock. The public's reaction to Carl Icahn's short position is explored, along with the impact on hedge funds like Melvin Capital. The discourse ranges from market dynamics to the influence of retail traders.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the short interest in GameStop changed over time according to the discussion?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reaction of retail traders to Carl Icahn's short position?

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