The true story of the 2021 GameStop short squeeze unfolds in the new documentary, GameStop: Rise of the Players, which is out now in a limited release.
In early 2021, ordinary investors caused major ripples in the stock market during the infamous GameStop short squeeze. Now, the story behind that event is being told in the new documentary, GameStop: Rise of the Players. It’s a fascinating look at a Wall Street play that cost hedge funds billions and made a handful of people very, very rich. However, not everyone was a winner in this story. To understand what was happening, it’s important to know that short selling is a very common stock market practice. Large investors typically make an arrangement with a lender to borrow shares of a stock and sell them to other buyers. The investors still have to return the stock that they borrowed, but the key to the game is being able to buy the stock back at a lower price to make a significant profit.
