Memes, Reddit, and Robinhood: Analyzing the GameStop Saga
Read the case Memes, Reddit, and Robinhood: Analyzing the GameStop Saga
Answer the questions below. In your initial response to the topic you have to answer all questions:
1. Under what circumstances do you recognize market manipulation as acceptable?
2. Do you think the Redditors’ collective action is any different from hedge funds deciding to short GameStop?
3. What long-term impact do you think the GameStop fiasco will have on investment practices and the Wall Street power dynamic?
4. Reflection – the students also should include a paragraph in the initial response in their own words, using finance terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.