[20210203]IN11591_游戏停止相关市场波动：政策问题.pdf

CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i GameStop-Related Market Volatility: Policy Issues February 3, 2021 Video game chain GameStop triggered a market frenzy in early 2021 when its stock price rapidly increased from around $18 to well over $400 in intraday trading (Figure 1). The developments soon spread to some other stocks and markets. The episode raises several policy issues, including social medias influence over investment decisions, zero-commission trading, short selling, investor protection, market functionality, and financial stability. Figure 1. GameStop Stock Performance During the Week of January 25 Source: FactSet and CNBC. Congressional Research Service https:/crsreports.congress.gov IN11591