Shares of the happiest of exhibitors AMC Entertainment continued an upward trajectory Monday fueled by retail traders on Reddit chat rooms, even as a leading Wall Street analyst downgraded the stock to ‘sell’ and valued it at $1. “In our view, the recent volatility and spike in the company’s stock, thanks to the Reddit/WallStreetBets crowd,
Gamestop
AMC Entertainment said Silver Lake Group is converting $600 million worth of the theater chain’s debt that it holds into stock at a conversion price of $13.51 a share, a surprise all around considering the exhibitor’s shares were languishing below two bucks earlier this month. The giant investment firm partnered with AMC back in 2018
New York representative Alexandria Ocasio-Cortez and Texas senator Ted Cruz. (Getty/ Alex Wroblewski and Alex Wong) Alexandria Ocasio-Cortez shut down anti-LGBT+ Trump supporter Ted Cruz, telling him he “almost had her murdered” three weeks ago during the Capitol riots. Ocasio-Cortez took to Twitter on Thursday (28 January) to condemn the app Robinhood, which banned users