How Silver Lake Exited AMC Above the Top : vimarsana.com

How Silver Lake Exited AMC Above the Top


Author Bio
Evan is a senior technology specialist at The Motley Fool. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
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It's been quite a couple of weeks for
AMC Entertainment Holdings (NYSE:AMC) following extreme volatility driven by retail traders. Many heavily shorted stocks recently skyrocketed into the stratosphere. Much of the activity was attributed to Reddit's WallStreetBets forum, which is now coping with the aftermath. The trade has mostly unraveled now, and market conditions appear to have calmed down. However, it wasn't all for naught, as AMC was able to benefit fundamentally from the chaos.

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