AMC, GameStop short sellers make comeback as meme stocks buckle

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 92%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Bearish bets prove profitable

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

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

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 5. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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
Källa: nationalpost - 🏆 10. / 80 Läs mer »

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
Källa: nationalpost - 🏆 10. / 80 Läs mer »