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AMC Entertainment (NYSE: AMC) Short-Seller Odey Asset Management Hedge Fund Has Suffered a Massive Loss Over the Past Month

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.

Sep 10, 2021 by Rohail Saleem - WCCFTech
Finance News
The Big Short's Michael Burry Made $270 Million Betting On GameStop

Michael Burry, the hedge fund manager portrayed by Christian Bale in The Big Short, has made a fortune on GameStop's stock after holding it for years. Instead of shorting a stock this time, he played the long game and managed to make an incredible amount of money.

Feb 06, 2021 by Eddie Makuch - Gamespot
Finance News
Robinhood Trading App Crashes, Traders Experience Tech Issues Right During Huge Price Crash in Bitcoin Markets

Robinhood trading app crashed today and customers were unable to take profits even before the app's crash. Now, users have taken to social to voice their outrage. Robinhood trading app's latest update appears to have broken the platform, causing significant downtime and blocking customer access to funds.

Mar 30, 2020 by Bitcoinist.com
Crypto News



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