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How Will Hollywood Cash In on Wall Street's Investor Frenzy?

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hollywoodreporter.com
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It has all the hallmarks of a Hollywood revenge thriller. A group of regular Joe day traders coordinates to upend the stock market through chats on Reddit and TikTok, boost the share price of companies struggling amid the pandemic and cause hedge funds to lose billions — largely through an investment site aptly named Robinhood.

That’s what happened in late January when some members of a Reddit forum called r/wallstreetbets noticed that hedge funds had taken short positions on GameStop, AMC Entertainment and other companies.

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