What is short selling in the context of the stock market?

GameStop Stock Market Quiz

Passage
•
Financial Education
•
9th Grade
•
Easy
Jason Cross
Used 1+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Buying shares at a low price and selling them at a high price.
Borrowing shares to sell at the current price, hoping to buy them back cheaper.
Investing in stocks that are expected to rise in value.
Selling shares directly from the stock exchange.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What triggered the short squeeze of GameStop's stock?
A decrease in video game sales.
A large number of people buying shares to drive up the price.
The release of a new video game.
A decision by GameStop to close stores.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did social media influence the GameStop stock event?
It was used to spread misinformation about the stock.
It helped organize a group to buy shares and drive up the price.
It was irrelevant to the stock's performance.
It promoted other competing stores.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the peak price range that GameStop's stock reached during the event?
Around $100
Around $20
Around $500
Around $1000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant reaction from brokerages during the GameStop event?
They offered discounts on GameStop shares.
They increased the price of GameStop shares.
They temporarily restricted buying more GameStop stock.
They bought back all the GameStop shares.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the primary reason many small investors participated in the GameStop stock event?
To quickly become millionaires
To challenge the control of big Wall Street firms over the market
To test their luck in stock trading
To learn about stock trading
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant outcome of the GameStop stock event?
It led to a permanent increase in GameStop's stock price
It caused a decrease in online trading
It sparked discussions about market regulations and social media's power
It resulted in the bankruptcy of GameStop
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the text, what is crucial to do before making investment decisions?
Following popular trends on social media
Consulting only with professional investors
Doing thorough research and understanding the risks
Investing only in well-known companies
9.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the GameStop event highlight about the impact of community?
Community actions can lead to quick financial gains
Community influence can significantly impact financial markets
Communities generally discourage stock investments
Community involvement is irrelevant in financial decisions
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