A group on Reddit’s Wall Street Bets board have been promoting a number of stocks, hoping to squeeze short sellers that have been betting against them. They’re succeeding. Their best-known bet is GameStop (GME), which is up another 100% Wednesday after nearly doubling Tuesday and soaring 685% this year. Today’s target: AMC (AMC), the (very) struggling theater chain that just announced a nearly $1 billion lifeline to stay open.
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