Netflix, MGM race to produce projects about GameStop saga – MarketWatch
LOS ANGELES — The ending hasn’t been written yet, but Hollywood is moving quickly to bring the story of the GameStop investment saga to the screen.
Separate projects at Netflix Inc.
NFLX,
+2.59%
and Metro-Goldwyn-Mayer Inc. are already in development about the past week on Wall Street, in which an investing-focused group on a Reddit message board banded together to boost the share prices of struggling companies such as GameStop Corp.
GME,
-46.91%
and AMC Entertainment Holdings Inc.
AMC,
-38.12%,
in the process crippling the hedge funds that had bet against them.
Netflix is in talks with screenwriter Mark Boal, who dramatized real-life events such as the Osama bin Laden raid in “Zero...