AMC Entertainment ( NYSE:AMC), the erstwhile distressed movie theater chain that has seen a dramatic reversal in fortunes amid a mind-boggling retail-driven stock price rally, continues to inflict crippling damage on its detractors. Against this backdrop, the hedge fund Odey Asset Management has emerged as one of the most prominent casualties in recent times as AMC Entertainment shares maintain their inexorable upward trajectory.

It's shaping up to be a bad week for employees of commercial airlines. In exchange for a federal bailout earlier in the pandemic, carriers had agreed not to cut the ranks of pilots, flight attendants, ground crews and management until Oct. 1. Airlines are expected to begin announcing more than 35,000 job cuts Thursday.