Seth Rogen and Paul Dano’s GameStop Movie ‘Dumb Money’ Slated for October
thewrap.comSony Pictures has slated “Dumb Money” for theatrical release on October 20, 2023. The film, directed by Craig Gillespie, tells the true story of a Wall Street short squeeze that momentarily turned GameStop stock into the hottest investment in town.
The squeeze had initially been triggered by users of the subreddit r/wallsteetbets, an online forum, although some hedge funds also participated.
The momentary skyrocketing of the video game store’s per-share value, from $17.25 in early January of 2021 to $500 just weeks later, turned the saga into a skewed David vs.
Goliath story. The narrative of amateur traders and “fans” of the company driving up its stock price as a form of fandom/social protest against the stereotypical investor class proved irresistible as a juicy media story.
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