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New Zealand Financial Markets Authority: Appreciation - GameStop Docuseries

Date 02/11/2022

 

 

GameStop is a US company whose share price skyrocketed in value due to online hype and anti-establishment sentiment in January 2021, in an episode that made headlines around the world.

Both Netflix and Neon now have documentaries about what happened, and we reviewed them as part of our ongoing “Appreciation” series.

It was framed as a David versus Goliath battle, between “activist” online investors and “greedy” Wall Street bankers. And it showed how powerful, and irrational, the world of online investing can be. 

More than a year on from what’s now known as the “GameStop short squeeze”, Netflix and Neon have released their own documentary miniseries, showing what was happening behind the scenes. (Netflix’s came out in October, while Neon’s premiered here in April.)

 

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