Description: GameStop (GME) was temporarily halted for trading due to volatility after the stock jumped a whopping 70% on Friday in an apparent crush on short-sellers. The stock resumed trading in the afternoon and was up around 35%.
Source: Yahoo.Finance.com – video report
Date: Jan 22, 2021
Questions for discussion:
- What does the report say about the reasons for price changes.
- What does this report say to investors about risk assumptions?
- Do you think these events will influence future investors’ decisions?