The GameStop / Reddit Stock Saga is already being made into a movie

While the GameStop / Reddit stock situation isn’t over yet, the rights to a movie based on these events are already in the works. As reported by Deadline, MGM has acquired The Antisocial Network book proposal from the New York Times bestselling author Ben Mezrich. This book aims to tell the story of “a clumsy group of amateur investors, gamers and internet trolls who brought Wall Street to their knees.”

Insiders have said that Mezrich and his representatives also released the book proposal last week and that MGM acquired the rights to a film adaptation on Friday night.

This project will reunite MGM’s Michael DeLuca and Mezrich, who worked together to adapt Mezrich’s The Accidental Billionaires: The Founding of Facebook, a Tale of Sex, Money, Genius and Betrayal to what would become known as The Social Network.

Mezrich also wrote the book Bringing Down the House: The Inside Story of Six MIT Students Who Take Vegas For Millions, which was later adapted into the movie 21.

GameStop’s stock price hovered around $ 3 per share in 2020, but after a battle between short-sellers and the r / WallStreetBets subreddit, its stock value is up more than 1,700%. At the time of writing, the stock price is $ 325 USD.

Stocks of AMC and Nokia also rose sharply, and these developments led to stock trading apps like Robinhood controversially stopping trading these volatile stocks.

While it’s unclear how this story will end, Hollywood is already gearing up to make money off one of the biggest stories of the year.

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Adam Bankhurst is a news writer for IGN. You can follow him on Twitter @AdamBankhurst and on Twitch.