Bed Bath & Beyond CFO Dies After Insider Trading Lawsuit Claims
Bed Bath & Beyond’s CFO Gustavo Arnal died shortly after facing lawsuit claims of insider trading with GameStop’s Ryan Cohen. His death occurred days after the company had announced it would be closing 150 stores and cutting 20% of its…
AMC Q2 Earnings Highlights (2022)
AMC Q2 earnings have shareholders excited for the future. The movie theatre chain company had its best 2nd quarter in 3 years, seating more than 59 million guests, up 61% from two years prior. But perhaps the biggest news yet for AMC Entertainment is its…
HKD Stock Squeezes from $13.54 to More Than $2.5k
HKD stock squeezes from $13.54 per share to a whopping $2,521.72 per share in just two weeks. The stock traded a low of $13.54 on July 19th, gradually growing in the coming weeks leading up to today’s massive price runup. Brokers halted HKD where…
AMC Short Sellers Suffer More Than $1 Billion (2022)
AMC short sellers have suffered more than $1 billion in 2022. We’ve recently seen AMC’s short interest tumble slightly; signifying hedge funds have either returned shares back to their lender or have begun closing their short positions. S3…
AMC Entertainment Repurchases $72.5 Million of Lien Debt
AMC Entertainment just published a press release on Wednesday announcing it strengthened its balance sheet once again. The company repurchased approximately $72.5 million of its 10% second lien debt for $50 million. This represents a 31% discount. As a…
