Question: NOTE: The answer should not exceed one page (1.5 spacing). Below is the recent price history of GAMESTOP CORPORATION (GME). Within one month, the stock

NOTE: The answer should not exceed one page (1.5 spacing). Below is the recent price history of GAMESTOP CORPORATION (GME). Within one month, the stock price moved from $17.15 to $413.98. Does this indicate violation of Efficient Market Hypothesis? Discuss. High Low 19.1 18.08 18.98 19.450001 18.299999 20.65 20.4 Date Open 1/4/2021 19 1/5/2021 17.35 1/6/2021 17.34 1/7/2021 18.469999 1/8/2021 18.18 1/11/2021 19.41 1/12/2021 19.959999 1/13/2021 20.42 1/14/2021 38.09 1/15/2021 38.490002 1/19/2021 41.549999 1/20/2021 37.369999 1/21/2021 39.23 1/22/2021 42.59 1/25/2021 96.730003 1/26/2021 88.559998 1/27/2021 354.829987 1/28/2021 265 1/29/2021 379.709991 2/1/2021 316.559998 17.15 17.23 17.33 18.02 17.08 19.01 19.32 20.030001 33.049999 34.009998 36.639999 36.060001 37 38.650002 43.060001 40.75 Close 17.25 17.370001 18.360001 18.08 17.690001 19.940001 19.950001 31.4 39.91 35.5 39.360001 39.119999 43.029999 65.010002 76.790001 147.979996 45.52 41.189999 44.75 76.760002 42.32 159.179993 61.130001 150 80.199997 380 249 483 112.25 413.980011 250 322 212 347.51001 193.600006 325 225
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