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In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares to cover those positions ...
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful and profane jargon, aggressive trading strategies, and for playing a major role in the GameStop short squeeze that caused losses for some US firms and short sellers in a few days in early 2021.
On Tuesday, AMC reported it had sold 8.5 million newly issued shares to Mudrick Capital, the latest in a series of capital raises for the stock, a favorite of Reddit traders.
With AMC stock on the mend today, let’s pop over to Reddit to see what traders have to say about it. AMC Entertainment (NYSE:AMC) stock is on the move Friday as the shares recover from a recent ...
GameStop and AMC weren't the only stocks caught up in this week's meme craze.While shares of the short-lived rally's flag bearers continued to unravel Friday, smaller meme-related equities ended ...
The exact reasons for why meme stocks are again on the rise in 2024 are hard to pinpoint. When the initial frenzy began in 2020 and 2021, people were largely at home due to the pandemic and had ...
Headquarters. New York City, New York [ 1] Archegos Capital Management was a limited partnership family office that managed the personal assets of Bill Hwang, [ 2][ 3] at one time managing over $36 billion in assets. [ 4] On April 27, 2022, Hwang was indicted and arrested on federal charges of fraud and racketeering.
AMC Entertainment Holdings, Inc (NYSE: AMC) is trading up Thursday, reversing its Wednesday losses. The stock is up over 7%. The American movie theater chain got a boost from Imax Corp’s (NYSE ...