Tuesday, February 2, 2021
GameStop, a company described on January 26, 2021, in the
Wall Street Journal as a “moribund mall retailer” that sold electronic games, but not very many with the closing of malls as a result of the growth of e-commerce, and even fewer after the shutdowns of non-essential shopping stores due to COVID, has seen its stock (listed on the New York Stock Exchange) share price rise in the last year from a low of $2.57 to $483.00. Almost all of that gain has occurred since Friday, January 22, 2021. What business development caused this? The simple answer to that question is NONE.
Rupture Rapture
8 of the biggest stock market crashes in history - and how they changed our financial lives
8 of the biggest stock market crashes in history - and how they changed our financial lives
Rebecca ReisnerDec 12, 2020, 06:25 IST
Stock market crashes, like the one in October 1929, don t single-handedly cause depressions, but they often expose weaknesses in the economy.ullstein bild Dtl. / Contributor/Getty Images
Stock market crashes can leave positive legacies in their wake even though they cause plenty of immediate pain.
In the US, stock market crashes led to the creation of the Federal Reserve System, the SEC, and the FDIC.
While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers.
ullstein bild Dtl. / Contributor/Getty Images
Stock market crashes can leave positive legacies in their wake even though they cause plenty of immediate pain.
In the US, stock market crashes led to the creation of the Federal Reserve System, the SEC, and the FDIC.
While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers.
Three little words strike more fear into investors hearts than anything else: stock market crash.
It s not just that they mean losses (another word that scares investors). It s also that no one knows for sure when a stock market crash is going to happen though the signs were often there in retrospect or even exactly what it is. There s no one official definition.
8 of the biggest stock market crashes in history and how they changed our financial lives Rebecca Reisner Stock market crashes, like the one in October 1929, don t single-handedly cause depressions, but they often expose weaknesses in the economy. Stock market crashes can leave positive legacies in their wake - even though they cause plenty of immediate pain. In the US, stock market crashes led to the creation of the Federal Reserve System, the SEC, and the FDIC. While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers.
Three little words strike more fear into investors hearts than anything else: stock market crash.