GameStop: Rise of the Players
- IMDb link: 17200376
- IMDb rating: 6.1 (664 votes) Search
- Genres: Documentary
- Director: Jonah Tulis
- Cast: Rod Alzmann, Tom Barton, Justin Dopierala, Joe Fonicello, Farris Husseini and others
- Release date: 28 Jan 2022
- Release year: 2022
- Runtime: 94 minutes
- Country: United States
- Keywords: stock market, group
Plot
Storyline
The David-and-Goliath story about the group of amateur investors who bought stock in the failing video game chain, GameStop.
In January 2021, the brick-and-mortar video game retailer GameStop had been the top story on every news network in the country. Its stock had risen over 2500% amidst a wild flurry of volatility, despite no new news coming out of the company. The run was fueled by an epic "short squeeze" on a handful of billion-dollar hedge fund behemoths, netting online investors millions and costing the hedge funds tens-of-billions of dollars in the process. But this wasn't just a run on a stock. This was a battle that has been brewing for years. It's a David and Goliath story of a band of contrarians who bucked conventional wisdom to bet on themselves, their own research, and a business that Wall Street had given up on.
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