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[police sirens wailing] [Jordan] As the tension
between the hedge funds and retail investors rises, so does
the GameStop share price. On January 22nd, the stock rises 50% and on January 25th,
another 144%. Brokers all over the world
are caught by surprise everywhere. Small investors are piling on. On January 26, Elon Musk tweets "Gamestonk." Perceiving this as his blessing, more investors start buying
just to make a point. They believed in GameStop. They almost...
The short sellers were ganging up on GameStop
between the hedge funds and retail investors rises, so does
the GameStop share price. On January 22nd, the stock rises 50% and on January 25th,
another 144%. Brokers all over the world
are caught by surprise everywhere. Small investors are piling on. On January 26, Elon Musk tweets "Gamestonk." Perceiving this as his blessing, more investors start buying
just to make a point. They believed in GameStop. They almost...
The short sellers were ganging up on GameStop
Full Transcript
00:00:01.000 --> 00:00:03.668
[police sirens wailing]
00:00:05.271 --> 00:00:07.806
[Jordan] As the tension
between the hedge funds
00:00:07.084 --> 00:00:09.974
and retail investors rises,
00:00:10.003 --> 00:00:13.478
so does
the GameStop share price.
00:00:14.747 --> 00:00:16.114
On January 22nd,
00:00:16.148 --> 00:00:20.185
the stock rises 50%
00:00:20.219 --> 00:00:25.001
and on January 25th,
another 144%.
00:00:25.001 --> 00:00:28.093
Brokers all over the world
are caught
00:00:28.127 --> 00:00:30.795
by surprise everywhere.
00:00:30.083 --> 00:00:32.931
Small investors are piling on.
00:00:32.965 --> 00:00:35.001
On January 26,
00:00:35.134 --> 00:00:38.937
Elon Musk tweets "Gamestonk."
00:00:38.971 --> 00:00:40.872
Perceiving this as his blessing,
00:00:40.906 --> 00:00:44.843
more investors start buying
just to make a point.
00:00:44.877 --> 00:00:46.177
They believed in GameStop.
00:00:46.212 --> 00:00:47.912
They almost...
The short sellers were
00:00:47.947 --> 00:00:49.114
ganging up on GameStop.
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Movie Summary
A group of young, risk-embracing day traders used social media to organize a massive stock buy-up. Jordan Belfort provides details about the story, exploring how it shook the world's markets.