Free popcorn made the AMC stock soar
This column was first published in SvD Näringsliv, in Swedish, on June 3rd, 2021. By enticing with free popcorn, the cinema chain AMC’s share soared by 95 percent – in one day. The incident reveals a change of attitude towards speculators from internet forums. From skepticism to addressing them directly. Fund manager Mudrick Capital made probably the worst stock market trade of the week. On Tuesday, they began by buying newly issued shares for over 230 […]