How the GameStop Uproar Could Change Markets Forever

In this episode, Shamus Madan delves into the GameStop stock surge saga, discussing Ryan Cohen's impact and his role in the board of directors. He also explains stock shorting, its risks, and how Reddit influenced the stock's rise. The episode concludes with a discussion on the future of investing and the importance of investor education.

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