You'll be cashing in for a cinema ticket 🍿🙌
is the ultimate David vs. Goliath tale, based on the insane true story of everyday people who flipped the script on Wall Street and got rich by turning GameStop into the world's hottest company.
"In the middle of everything is regular guy Keith Gill , who starts it all by sinking his life savings into the stock and posting about it. When his social posts start blowing up, so does his life and the lives of everyone following him. As a stock tip becomes a movement, everyone gets rich – until the billionaires fight back, and both sides find their worlds turned upside down.
The sudden price rise in stocks for the video game retailer GameStop negatively impacted Wall Street. It led to almost $6billion worth of losses for hedge funds like Melvin Capital and individual short sellers. The bizarre sequence of events championed how everyday people were able to take control of the stock market, with a group of rag-tag investors from the Reddit page called r/WallStreetBets coming together to put the squeeze on two hedge funds that had placed a bet that GameStop would fall.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Nokia just released two dumb phones like it's 1996 and I'm here for itNo, you haven't stepped back in time: these are Nokia's friendly new feature phones
Læs mere »
People worried about money urged to watch out for misleading debt advice advertsThe ongoing cost of living crisis is putting pressure on more household finances.
Læs mere »
America Ferrera did that epic Barbie monologue ‘30 to 50 times’She says she spent two days reciting her speech about the “impossible assignment of being all things to all people”—but who’s counting?
Læs mere »