AMC short sellers dealt massive $1.2 billion blow after weeklong stock rally
Investors shorting the meme stock AMC Entertainment are estimated to have lost $1.23 billion over the last week.
Shares of the movie theater chain rallied more than 116% since Monday.
The more than 1,100% jump in AMC’s stock since January has defied Wall Street analyst predictions.
Street performers in Minnie Mouse…
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