It’s been less than a week since a group of Redditors short squeezed a bunch of hedge funds into skyrocketing the value of GameStop stocks (which I believe are now officially, legally mandated to be referred to as “stonks” moving forward), but there are already
multiple movies reported to be in various stages of development.
First, it was announced that MGM had acquired the rights to a book proposal not even a book, just the proposal! called
The Antisocial Network. That book will be written by Ben Mezrich, who has a history of writing successful source material for future films. He’s written a ton of nonfiction books, including
GameStop’s stock is back to the races Friday, and the overall U.S. market is down again, as the saga that’s captivated and confused Wall Street ramps up the drama.
Market Insights Podcast (Episode 157) - MarketPulse marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.
AMC Entertainment was the most-traded stock on Wall Street today, with over 1.2 billion stocks trading hands as the theater chain benefited from a surprise boost driven by amateur investors organized on Reddit. AMC saw its price jump by over 300% during trading on Wednesday, rising from $4.96 a [.]