Dumb Money review – Paul Dano excels in fun retelling of the GameStop stock craze

Dumb Money review: Stellar ensemble cast lift this retelling of GameStop saga

In January 2021, a community of online traders conspired via social media to buy shares in GameStop, a US retail chain whose collapse hedge funds were banking on. This artificially spiked the stock value, thereby “squeezing” the shorts that had been sold on it. In doing so, financial institutions lost billions.

Dumb Money review – Paul Dano excels in fun retelling of the GameStop stock craze

Dano is a perfect fit as the YouTuber who took on Wall Street in I, Tonya director Craig Gillespie’s spirited underdog dramaIn late 2020 and January 2021, a motley collection of small-time investors, loosely led by a nerdy YouTuber and Reddit poster who went by the name of Roaring Kitty, delivered an emphatic poke in the eye to the Wall Street elite. A flood of money and a feeding frenzy on the stock of GameStop (a struggling chain of US video g…

Dumb Money: Hollywood Takes on the GameStop Stock Saga

In late 2020 and January 2021, a group of small-time investors, led by YouTuber and Reddit poster Roaring Kitty, caused a stir in the financial world. The investors targeted GameStop, a struggling video game store chain, and drove up its stock value, resulting in significant losses for hedge funds. This event was seen as a backlash against the practice of short-selling and a sign of the stock market becoming more accessible to ordinary people. T…