How an Army of Reddit Day Traders Sent GameStop Surging

The video discusses the dramatic rise of GameStop's stock, driven by retail investors and social media platforms like Reddit's Wallstreetbets. This movement led to a significant short squeeze affecting hedge funds like Melvin Capital and Citron Research. The phenomenon highlighted the power of retail investors and the impact of social media on stock markets, causing disruptions in trading platforms and raising questions about market dynamics and regulation.

What was the primary factor that led to the rise in GameStop's stock price?

• Government intervention

• A merger with another company

• Social media influence

• A new game release

Which hedge funds were notably affected by the GameStop short squeeze?

• Vanguard and BlackRock

• Two Sigma and AQR Capital

• Melvin Capital and Citron Research

• Bridgewater Associates and Renaissance Technologies

What action did Citron Research take in response to the GameStop rally?

• Stopped publishing short selling reports

• Bought more GameStop shares

• Published more short selling reports

• Increased their short positions

What was one of the consequences of the retail trading frenzy on online brokerages?

• They experienced service disruptions

• They banned all stock trading

• They merged with larger banks

• They increased trading fees

What percentage of the trading volume did individual investors account for in 2020?

• 10%

• 20%

• 25%

• 15%