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Practical Pieces & Perspectives

March 2021

Practical Pieces & Perspectives

March 01, 2021
Taking a Stock to the Moon: Determining Market Manipulation in the Age of Reddit
Sonthonax B. SaintGermain

On January 22, 2021, when the Standards and Poor 500 Index grew by one dollar, GameStop Corp.’s stock price rose by $33.73 to a high of $76.76 before closing at $65.01. On January 27, the closing price was $347.51. The rapid price movements and high trading volumes triggered multiple instances of the New York Stock Exchange’s 5-minute trade suspension policy against its shares.

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About Practical Pieces & Perspectives

Practical Pieces and Perspectives, previously Timely Tech, is the non-paginated companion to the Illinois Journal of Law, Technology & Policy. Through Practical Pieces and Perspectives, JLTP publishes short pieces that addresses cutting-edge issues in technology and the law. Submissions are accepted on a rolling basis.

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