AMC, GameStop short sellers make comeback as meme stocks buckle

Shares of AMC Entertainment swung between gains and losses on Tuesday, after a sharp decline this month helped short sellers gain more than $1 billion on their bearish bets against the stock.

More recently, those stocks have tumbled, with AMC down 30% in the month to date and GameStop off 28%. The estimated short interest at AMC increased to 19% of its free float from 16% at the end of November, per Ortex data. GameStop short interest has shot up to 14% from 11% in the same period.

AMC500K APESNOTLEAVING AMC and GME the biggest transfer of wealth in history

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Goldman Sachs is bullish on 3 tech stocks with up to 173 per cent upsideThe Wall Street giant sees plenty of stocks worth buying at their current prices
Herkunft: nationalpost - 🏆 10. / 80 Weiterlesen »

How note-taking will help you become a better listener in businessListening goes a long way at work, which makes it a valuable skill to hone
Herkunft: nationalpost - 🏆 10. / 80 Weiterlesen »