Mudrick’s AMC Bet Backfires After Meme Frenzy Wrecks Hedges | Katherine Doherty

(Bloomberg) — After weeks of making the most of the inventory and debt of AMC Leisure Holdings Inc., hedge fund Mudrick Capital Administration ended up with a 5.4% loss after a derivatives guess went haywire.The fund, which makes a speciality of distressed debt, suffered the losses on AMC after day merchants pushed the movie show’s shares up as a lot as 127% on a single day, derailing name choices Mudrick had offered on AMC shares to hedge publicity to the corporate, in response to an individual with information of the matt

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Meme stocks hit a wall on Thursday with GameStop, AMC and Clover down big | Yun Li

Many speculative names favored by retail buyers suffered double-digit losses on Thursday, pulling again from their current explosive rallies.

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If you're thinking of riding the next meme stock mania, be sure to sell in about 2 weeks | Nate Rattner

The size of every meme inventory’s run could be fleeting, a CNBC evaluation of market knowledge reveals.

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