Page 78 - பொழுதுபோக்கு ஹோல்டிங்ஸ் இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Ritholtz Wealth Management
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Retail investors in India, South Korea join meme craze for AMC
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
AMC, this summer s blockbuster stock, warns of plot twists
Sign In
MICHELLE CHAPMAN, AP Business Writer
June 3, 2021
FacebookTwitterEmail
FILE - In this March 15, 2021, file photo movie patrons arrive to see a film at the AMC 16 theater in Burbank, Calif. AMC is looking to sell up to 11.5 million of its shares, as the movie theater operator looks to capitalize on its meme stock popularity. The announcement in a regulatory filing on Thursday, June 3 comes just two days after the company said it was raising $230.5 million through an 8.5 million share sale.Mark J. Terrill/AP
AMC may sell up to 11.6 million of its shares with a trading phenomenon pushing stock in the movie theater chain up almost 3,000% this year, and 140% just this week.
Share:
Workhorse Group Inc (NASDAQ: WKHS) is trading significantly higher Thursday morning as retail trader interest increases as a result of the stock s high short interest.
What Happened: Workhorse has started to pick up traction across social media platforms. Retail traders are discussing the short squeeze potential of the stock as short interest sits close to 42%.
Traders on the Subreddit r/wallstreetbets started posting about the stock after seeing the recent moves in stocks like
AMC Entertainment Holdings Inc (NYSE: AMC),
GameStop Corp (NYSE: GME) and
BlackBerry Ltd (NYSE: BB).
Workhorse was trending on Stocktwits behind AMC Entertainment and BlackBerry at publication time.
vimarsana © 2020. All Rights Reserved.