GameStop Stock Market Quiz

What was GameStop heavily targeted by?

• Hedge funds

• Retail investors

• Banks

• Government agencies

What was the highest amount the stock reached?

• $48

• $793

• $483

• $210

What is short selling a stock?

• Borrowing it, selling it at a high price then buying it back low

• Selling it to someone at a higher price than you bought it

• Buying a stock for less than it is valued

• Buying a stock, holding onto it until it's value is low and then selling it.

What is the potential risk of betting on a stock to fall?

• The stock may rise in value

• The stock may become stable

• The stock may split

• The stock may be delisted

What is the main reason retail investors had access to the options market?

• It was previously not open to them

• It was too expensive

• It was too complicated

• It was illegal

What was going on during the Game Stop event and probably had a big effect on it?

• COVID

• Stock Market Crash

• Inflation

• Expansion of stores

Which famous person tweeted "Game Stonk" and caused the stock prices to fly up?

• George Clooney

• Elon Musk

• Donald Trump

• Big Bird

What company were most of the individuals using to trade Game Stop stock?

• Stash

• E-Trade

• Robinhood

• Motley Fool

What strategy did retail traders use according to the text?

• Buying and holding

• Short selling

• Buying calls and forcing sellers to hedge

• Day trading

What action stopped the Game Stop stock craziness?

• Elon told everyone to stop

• Robinhood closed trading on their app

• The hedge fund went out of business

• Reddit told everyone to sell.