Biotech Company Suing Citadel Over Market Manipulation
Biotech company Northwest Biotherapeutics is suing Citadel and other market makers for allegedly manipulating its stock price. The company is accusing Citadel Securities LLC, Susquehanna, Virtu, and other Wall Street firms of driving its stock price down…
AMC’s Preferred Equity ‘APE’ Falls Below $1
APE is now trading below $1. Short sellers have been able to attack AMC’s Preferred Equity through the use of overleveraged shorting methods. APE recently made #1 on Yahoo’s “Top Most Shorted Stock List“. The equity closed at…
Virtu is Suing the SEC Over Records Request
Virtu Financial Inc is suing the SEC, alleging on Tuesday its primary regulator had not responded to a public records request. Virtu, a market maker with a large equities business, said it submitted a Freedom of Information Act (FOIA) request in June to…
AMC Entertainment Launches Online Merchandise Store
AMC Entertainment just launched their online merchandise store. Shareholders have been inquiring about AMC branded merch since last year during quarterly earnings call announcements. Now AMC Entertainment has officially begun doing business with their…
Amazon is Investing Billions in the Movie Theatre Industry
BREAKING: Amazon plans to invest more than $1 billion per year into theatrical distribution releases per Bloomberg news. Amazon.com Inc. will be investing billions of dollars to produce movies that will release in theatres, according to people familiar…
