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Stock Markets and Personal Finance: End of Chapter Problem In early 2 0 2 1 , GameStop achieved meme stock status behind strong backing from

Stock Markets and Personal Finance: End of Chapter Problem
In early 2021, GameStop achieved meme stock status behind strong backing from r? wallstreetbets and a famous tweet from
Elon Musk. Let's consider some key moments in the GameStop saga. These data for Gamestop stock (GME) in the table
from
finance.yahoo.com will help you answer the questions.
a. Suppose that you were an early passenger on the GameStop bandwagon and decided to purchase shares of their stock on
January 11,2021, the day they announced three new directors: Alan Attal, Ryan Cohen, and Jim Grube. Has this turned out
to be a wise investment, at least as of October 21,2022??
b. What if you first became aware of GameStop on January 19,2021, when a well-known stock research firm, Citron
Research, called GameStop buyers "suckers"? Has this turned out to be a wise investment, at least as of October 21,2022?
c. What about if you did not jump into the fray until January 26,2021, when Elon Musk tweeted "Gamestonk!!" with a link
to r/wallstreetbets? Has this turned out to be a wise investment, at least as of October 21,2022?
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