These 15 Financial Institutions Bought More AMC Shares in January
Financial institutions continue to bulk up on AMC shares. AMC stock has had a massive discount in January, and it seems retail investors aren’t the only ones taking advantage of this opportunity. According to Ortex data, AMC’s short interest…
Citadel Securities Gets $1.2B Lifeline from Sequoia and Paradigm
Citadel Securities’ Ken Griffin just received a nearly $1.2 billion lifeline from Sequoia and Paradigm. This is the first time Citadel Securities has ever required private funding to stay afloat. The hedge fund lost billions of dollars in 2021 due…
Anchorage Capital Closes After Betting Against AMC Stock
Anchorage Capital Group, LLC has announced it is shutting down due to significant losses. The hedge fund is closing after 18 years and returning the $7.4 billion dollars it manages back to clients. Their credit fund, Anchorage Capital Partners is…
NSCC-2021-010 Prevents Naked Shorting and FTDs [Canceled]
The NSCC is taking accountability as a third party between lenders with the NSCC-2021-010 proposal. We now have a referee in the market saying everyone needs to play fair. Will it be implemented anytime soon? Here’s what’s going on. Update:…
Federal Court Judge Is Tied to Defendant in Robinhood and Citadel Case
A Miami district court judge admits the Citadel and Robinhood transcripts are suspicious. However, the federal court has dismissed the case due to a lack of evidence. Now, it’s important to note this case is separate from Citadel vs SEC. This is…
