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.
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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...
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