Clock Speed with Shamus Madan How the GameStop Uproar Could Change Markets Forever
Hello Everyone and welcome to MBIT, I am your host Shamus Madan, and today we will be walking through what caused Gamestop’s stock to surge and how it could change the future of investing.
Topic: The Significance Behind the Gamestop Craze
Sources:
Clement, J. “U.S. Computer and Video Game Sales - Digital vs. Physical 2017.” Statista, 29 Jan. 2021, www.statista.com/statistics/190225/digital-and-physical-game-sales-in-the-us-since-2009/
“GameStop Announces Multi-Year Strategic Partnership with Microsoft.” Gamestop Corp., news.gamestop.com/news-releases/news-release-details/gamestop-announces-multi-year-strategic-partnership-microsoft
Inc., GameStop. “GameStop Announces Additional Board Refreshment to Accelerate Transformation.” GlobeNewswire News Room, "GlobeNewswire,” 11 Jan. 2021, www.globenewswire.com/news-release/2021/01/11/2156168/0/en/GameStop-Announces-Additional-Board-Refreshment-to-Accelerate-Transformation.html.
Disclaimer: The MBIT podcast is reflecting the opinion of only the host. The podcast is for informational purposes only. The podcast is not a research report and is not a recommendation to purchase or sell any stocks, holdings or securities. The podcast is also not meant to serve as the basis of any investment decision.
(0:00) Introduction and Background on GameStop (1:07) GameStop's Stock Surge and Ryan Cohen's Impact (2:32) Cohen's Inclusion in GameStop's Board of Directors (3:08) Understanding Stock Shorting and its Risks (3:50) Reddit's Influence on GameStop's Stock Surge (4:31) Changing Landscape of Investing: Commission-free Platforms (5:26) The Future of Investing and Importance of Investor Education (5:58) Closing Remarks