GameStop is a retail store that sells computer games, gear, and related products. GameStop the company (GameStop Corp) is owned in part by its shareholders — those people who own GameStop stock. The stock price has changed a lot recently.
1. Check out Gamestop stock price online here: https://www.google.com/search?q=gamestop+stock+price&rlz=1C1CHBF_enUS900US900&oq=gamestop+stock+price&aqs=chrome..69i57j0i131i433l4j0l3.2678j1j7&sourceid=chrome&ie=UTF-8
Click on the “1 Month” view of the stock price. About when did the stock price peak?
2. Read the following article about Gamestop: https://apnews.com/article/gamestop-reddit-stocks-update-92a98aa87d88753a1aa52a72b49321c6
According to the article, what is the cause of the recent surge in Gamestop stock price?
3. Read the lecture notes Market Dynamics, and explain the recent surge in Gamestop stock price in terms of changes in supply and/or demand.
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