AMC Entertainment Holdings, Inc. (AMC)
- Yahoo Finance UK
The history of dogecoin, the joke currency that's worth more than Barclays and Lloyds
The cryptocurrency hasn’t always been as popular as it is now, in fact, it was first created as a joke by Jackson Palmer and Billy Markus in 2013.
- IPO-Edge.com
Chamath-Backed Clover Health in Apparent Squeeze with Massive Short Interest Reminiscent of GameStop
Chamath Palihapitiya By Jarrett Banks and John Jannarone Short interest in Chamath Palihapitiya-backed Clover Health Investments Corp. (Nasdaq: CLOV) is at 150%, data compiled by financial analytics firm S3 Partners shows. The level is reminiscent of the huge short interest in GameStop Corp. that was followed by a retail trading frenzy in January when the […]
- Motley Fool
If You Think AMC, Sundial, and Zomedica Are Cheap, I Have Bad News
Beginning in mid-January, retail investors on Reddit's WallStreetBets chatroom began banding together to buy shares and call options in stocks with very high levels of short interest. The goal of this strategy was to effect a short squeeze -- i.e., an event where short-sellers (pessimists) flee for the exit all at once, which can cause a rising share price to skyrocket higher. Quite a few of the stocks targeted by the Reddit community moved higher, with video game and accessories retailer GameStop representing the face of the retail movement.
