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Hedge fund makes $25million after buying 8.5 million shares in AMC cinema chain and then dumping them just hours later after inflating their value as Wall St steals Reddit 'meme stock' tactic

June 2nd, 2021
Categories: News

Link: http://www.stationgossip.com/2021/06/hedge-fund-makes-25million-after-buying.html

The move by Mudrick Capital Managemen; hedge fund, which specializes in high-risk moves flip 8.5 million shares of the movie theater chain immediately after buying them in a private placement from the company is unusual, and significant..

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