Grades 6-8, 9-12
GameStop Trial by Jury
Objective
Students will be able to:
- analyze the effects of short-trading in the GameStop Short Squeeze event.
- debate on the innocence or guilt of people/groups who were part of the GameStop Short Squeeze event.
In this economics activity, students will have a discussion/debate about GameStop Short Squeeze.
Resources
Procedure
This activity is discussion-based where 4-5 students will be placed in groups or virtual rooms. You, as the teacher, will select one of the 3 discussion prompts and provide the resources below:
- Wallstreetbets: Is Wallstreetbets guilty of manipulating the stock market?
YouTube Video: Illegal Trading on GameStop or WallStreetBets: The Stonkening?
Article: Will Wallstreetbets Face SEC Scrutiny?
- Investment firms: All investment firms tried to push the stock down with short-selling. Should they be guilty of manipulating the stock market?
Article: SEC Hunts For Fraud In Social Media Posts Targeting Gamestop
Article: SEC Looking For Fraud In Gamestop Surge
- Robinhood: Is Robinhood guilty of damages because their actions were unfair and unlawful?
Article: Investigations Into GameStop Trading And Reddit
Video: GameStop Hearing: Live Updates
Prompt your students with the following scenario:
“You are a jury. This person/group is accused of a crime. Your group has to decide whether or not they are innocent or guilty. As a group, you will review the resources I will provide you. You must record the evidence in arguable sides on a paper or doc. Discuss your notes with your group. The consensus must be unanimous. You must submit a copy of your group’s case notes.”
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