What happens when a group of people come together on the internet and buy shares? History.
Gamestop was at the centre of a historic event where users from the reddit group wallstreetbets performed a short squeeze on their stock.
This caused the stock price to rise to over $500 which was 30 times its intiial value.
Then it all came tumbling down and took down some wall street hedge funds with it.
Gamestop Rise of the Players is a documentary going over the events with the main players at the centre.
It’s coming to theatres first in the US on January 28th with no release date set for Australia yet.