Question
Below is the recent price history of GAMESTOP CORPORATION (GME). Within one month, the stock price moved from $17.15 to $413.98. Does this indicate violation
Below is the recent price history of GAMESTOP CORPORATION (GME). Within one month, the stock price moved from $17.15 to $413.98. Does this indicate violation of Efficient Market Hypothesis? Discuss.
Date | Open | High | Low | Close |
1/4/2021 | 19 | 19.1 | 17.15 | 17.25 |
1/5/2021 | 17.35 | 18.08 | 17.23 | 17.370001 |
1/6/2021 | 17.34 | 18.98 | 17.33 | 18.360001 |
1/7/2021 | 18.469999 | 19.450001 | 18.02 | 18.08 |
1/8/2021 | 18.18 | 18.299999 | 17.08 | 17.690001 |
1/11/2021 | 19.41 | 20.65 | 19.01 | 19.940001 |
1/12/2021 | 19.959999 | 20.4 | 19.32 | 19.950001 |
1/13/2021 | 20.42 | 38.650002 | 20.030001 | 31.4 |
1/14/2021 | 38.09 | 43.060001 | 33.049999 | 39.91 |
1/15/2021 | 38.490002 | 40.75 | 34.009998 | 35.5 |
1/19/2021 | 41.549999 | 45.52 | 36.639999 | 39.360001 |
1/20/2021 | 37.369999 | 41.189999 | 36.060001 | 39.119999 |
1/21/2021 | 39.23 | 44.75 | 37 | 43.029999 |
1/22/2021 | 42.59 | 76.760002 | 42.32 | 65.010002 |
1/25/2021 | 96.730003 | 159.179993 | 61.130001 | 76.790001 |
1/26/2021 | 88.559998 | 150 | 80.199997 | 147.979996 |
1/27/2021 | 354.829987 | 380 | 249 | 347.51001 |
1/28/2021 | 265 | 483 | 112.25 | 193.600006 |
1/29/2021 | 379.709991 | 413.980011 | 250 | 325 |
2/1/2021 | 316.559998 | 322 | 212 | 225 |
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