gamestop
Filmmaker Craig Gillespie has secured an all-star cast for Dumb Money, a much-anticipated film about the GameStop short squeeze that wreaked havoc on Wall Street. According to Deadline, Pete Davidson, Seth Rogen, Sebastian Stan, and Paul Dano have been tapped to star in the picture, which is based on Ben Mezrich’s The Antisocial Network book that explored the 2021 meme stock craze. […]
It was a good day for GameStop and an even better day for WallStreetBets. Shares of the video game retailer was priced at $91.71 at market close on Wednesday, marking a near 104 percent increase from the previous day. According to CNN Business, the spike occurred in the final hour of trading, prompting the New York Stock Exchange to halt […]
Say what you will about Reddit, it’s a hell of an organizing tool. The website has proven that time and time again this month. The first time came when it briefly put a hurting on hedge funds via an organized short squeeze on GameStop stock. The second time came during the Super Bowl, when Reddit let […]
HBO is working on a scripted film about GameStop and the recent mayhem it caused Wall Street. Per Variety, the film is focused on exploring “how a populist uprising of social media day traders beat Wall Street at their own game.” It will show how Reddit day traders sparked a stock market fire by using GameStop to […]
Jordan Belfort, the author of The Wolf of Wall Street who was quite famously portrayed by Leonardo DiCaprio in the classic Scorsese film of the same name, has more to say about the controversy surrounding Robinhood and Reddit-fueled stock surges. The former broker (and present-day motivational speaker) spoke with Yahoo Finance this week and was asked […]
It seems that all we get out of Wall Street chaos is decent movies. The housing market collapse of 2008 changed little outside of Adam McKay’s Oscar shelf and it looks like this week’s big story will be heading in that same direction. The saga of retail investors pushing GameStop stock prices to the moon while putting the hurt […]
The country’s top financial regulator says it’s closely reviewing “the extreme price volatility” of certain stock prices over the past several days. It has also reassured the public that officials are ready to take action if they determine market manipulation was at play. The U.S. Securities and Exchange Commission made the announcement Friday, in wake of the Reddit-fueled stock surges that […]
As GameStop experienced an unprecedented surge in its stocks, largely due to Reddit users rallying behind the near-bankrupt company, the entire event created a huge moment in the ongoing battle between hedge funds and individual investors. What came of it, besides Wall Street trying to silence common investors to keep their pockets safe, was a […]
GameStop, a company that was expected to close hundreds of stores in 2021, has made a stunning comeback in the stock market. And it’s all thanks to an army of Reddit users who were gutsy enough to take on big Wall Street. According to CNBC, GameStop’s share price went from under $20 at the beginning of the […]
Everyone has been clamoring for the new PlayStation 5, with one man in California even waiting 36 hours to get his hands on one. Tyler Lopez arrived at the Dublin, California GameStop at 8 p.m. on Wednesday so that he’d be the first in line when the store opened on Black Friday, ABC7 reports. He […]
