Citadel Pulls $2 Billion From Gabe Plotkin’s Melvin Capital
Citadel just pulled $2 billion from Melvin Capital after the hedge fund has failed to recover from shorting ‘meme stocks’ last year. Melvin Capital lost $6.8 billion in January of 2021 and has not been able to get out of the trenches since.…
The ‘Apes’ Have Exposed Market Corruption: But What’s Being Done?
The ‘apes’ have exposed a number of problems within the financial markets and now experts are curious as to what’s next. Investors have been fighting the SEC on market injustices over the decades but have had no luck in creating change.…
What Can We Expect from AMC’s Next Earnings Call?
AMC’s next earnings call is expected to happen on March 1st. The report will be covering AMC’s financials for Q4 of 2021, the year ‘meme stocks’ stunned the financial world. The movie theatre company said it expects revenue of…
Regulators Are Taking Morgan Stanley and Hedge Funds to Court
Regulators are taking banks such as Morgan Stanley and multiple hedge funds to court. Financial institutions have been receiving subpoenas ordering them to court after several investigations, more on that below. Retail investors have been demanding the…
Renaissance Tech Increased AMC Positions by 800% and Sold Tesla
Jim Simmons’ Renaissance Technologies firm just increased their AMC position. The firm increased its stake in AMC Entertainment by 87% alone just last quarter and trimmed its Tesla position. RenTech is only one of many financial institutions who…
