AMC Tumbles After Announcing It Will Sell 11.55 Million Shares Directly To The Public
Zero Hedge -

AMC Tumbles After Announcing It Will Sell 11.55 Million Shares Directly To The Public

Update: finally, the stock is tumbling. Perhaps even retail investors realized that when AMC is pulling a Boiler Room-type "deal" to dump as much stock as it can, it will only end badly.

* * *

Last Friday, when meme stocks AMC and (to a lesser extent) Gamestop were soaring after the latest Reddit-raid decided to snuff out any remaining shorts while piling into the two legacy retail names, we...

Read this story at

Loading...

Related Articles