GameStop, AMC $11 Billion Inventory Rally Fizzles Out

GameStop, AMC $11 Billion Inventory Rally Fizzles Out

This week’s renewed frenzy around meme-stock favorites GameStop Corp. and AMC Entertainment Holdings Inc. cooled off Wednesday, with shares of the excessive-likelihood, carefully shorted firms slumping. Both stocks sunk on the open on Wednesday morning. Robert Sloan of S3 Companions and Bloomberg’s Bailey Lipschultz focus on.
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