How Gamestop/Reddit brought Wall Street to Knees: Hollywood’s Newest Interest

If you aren’t living under a rock, you must have heard about how effortlessly Reddit community brought the Wall Street on its knees. Following the craziest week in Wall Street, Hollywood is all set to bring the tedious week on a big screen. Although it has just been a few days since the situation comparatively settled, best-selling author Ben Mezrich has already brought in a book proposal.

If you think that the book proposal was a little too fast, wait until you get to know what happens next. MGM has dominated Hollywood on multiple occasions since 1930s, gained the book proposal on Friday. “The Antisocial Network” narrates the most exciting stock market story of the decade. It brings to words how a group of Antisocial Redditers did what investors wished they could do overnight.

ALSO READ – Elon Musk and Alexandria Ocasio-Cortez React to GameStop’s Stock Surge

Who better than Ben Mezrich?

In one word- none. Ben Mezrich over the decade has produced multiple best-sellers focusing on financial blooms in the most unexpected places. The Accidental Billionaires: The Founding Of Facebook, a Tale Of Sex, Money, Genius and Betrayal, and Bringing Down The House: The Inside Story of Six M.I.T. Students Sho Took Vegas For Millions are his most popular works. The former book depicting the life and situations surrounding the success of Facebook spent eighteen weeks on New York Times bestseller. It topped the charts at least a dozen of countries. Director David Fincher later adapted The Accidental Billionaires to award-winning film The Social Network in 2010.

Academy Award-nominee Aaron Ryder representing his own Ryder Picture Company (RPC) will produce The Antisocial Network. Ryder Picture Company (RPC) recently signed a first look film deal with MGM. The book, after being completed, is expected to go out for auction by the end of the month.

What happens on Reddit, does NOT stay on Reddit

GameStop stocks at the beginning of the year were a negligible $20. Subreddit WallStreetBets largely fueled a discussion on his Reddit wall, which rapidly gained popularity. It started a trend unknowingly that urged users to invest in GameStop stocks. Overnight it sky-rocketed and reached a peak value of $469. This but proves how volatile and unpredictable stock market can be.

The Reddit catalyzed GameStop versus Wall Street was however short-lived. But the Reddit Community is looking forward to pull up a similar stunt on lesser known stocks like Nokia and AMC. They have made it abundantly clear that Reddit can, but like all other internet trends, this one dies, eventually. It’s just a matter of days before the greatest stock market break of 2021 becomes another story, soon to be film.