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AMC Entertainment shares rise more than 50% - Netscape Money & Business - Vimarsana News

AMC Entertainment shares rise more than 50% - Netscape Money & Business

AMC Entertainment shares rise more than 50% 05/27/2021 18:09 (Reuters) - Shares in cinema operator AMC Entertainment were up 50.2% at $29.38 in a high-volume trading session on Thursday after rising as high as $29.72 earlier. AMC, which is popular on social media and among members of Reddit investing forum WallStreetBets, was last up more than 1,400% for the year to date. And with about 450 million shares already changing hands, Thursday was already AMC's busiest trading session since early February with two hours of trading left. (Reporting By Sinéad Carew; Editing by Chris Reese) 0...

AMC shares add to rally with strong focus among retail investors - Netscape Money & Business - Vimarsana News

AMC shares add to rally with strong focus among retail investors - Netscape Money & Business

AMC shares add to rally with strong focus among retail investors 05/14/2021 17:51 (Reuters) - Shares in heavily shorted AMC Entertainment Holdings were up 4.0% in heavy trading on Friday, with the cinema operator the top focus on social media forums popular among retail investors. The gain was forcing bearish investors out of their positions, according to one analyst who watches short-sellers. AMC last traded at $13.28 after rising as high as $14.34 earlier in the session, with volume 2.5 times the 10-day moving average and the stock the most-heavily traded on all exchanges. It gained 2...

Koss : GameStop leads 'meme stocks' higher, snaps seven-day losing streak - Vimarsana News

Koss : GameStop leads 'meme stocks' higher, snaps seven-day losing streak

Message : Required fields (Reuters) - Shares of GameStop Corp rose 18% on Wednesday, snapping a seven-day losing streak to post their biggest one-day increase since March 25. The video game retailer's shares closed at $166.53 with trading volume that was more than twice the stock's 10-day moving average. Other so-called meme stocks - shares favored by the denizens of online communities such as Reddit's WallStreetBets - were also volatile on Wednesday. Some supporters of the stock pointed to a late-Tuesday announcement that the company was voluntarily paying back $216 million in debt earl...

Credit Suisse offers big blocks of Discovery, iQIYI shares related to Archegos: sources - Vimarsana News

Credit Suisse offers big blocks of Discovery, iQIYI shares related to Archegos: sources

Credit Suisse offers big blocks of Discovery, iQIYI shares related to Archegos: sources FILE PHOTO: Logo of Swiss bank Credit Suisse is seen in Zurich (Reuters) – Credit Suisse put large blocks of shares in media company Discovery Inc and iQIYI Inc on the market after regular trading ended on Tuesday, multiple sources said, as the bank continued unwinding positions related to last month’s meltdown of Archegos Capital. Credit Suisse has not yet finished unwinding its Archegos positions, said one source familiar with the matter. The bank has taken a $4.7 billion hit from dealings with A...

Source: metro.us
GameStop leads "stonks" higher - Netscape Money & Business - Vimarsana News

GameStop leads "stonks" higher - Netscape Money & Business

GameStop leads "stonks" higher 04/14/2021 17:41 (Reuters) - Shares in GameStop Corp were up 18.1% in active trading on Wednesday after falling in six of the last seven sessions, putting the video game retailer on track for its biggest gains since March 25. There was no obvious new catalyst for the price increase in the "stonk", the term used to refer to highly volatile stocks that have been a focus for members of online Reddit forum WallStreetBets. Other stocks often mentioned in the forum also rose on Wednesday. Shares in headphones maker Koss Corp gained 5.9% while shares in cinema op...