Top Stories - Spark Newswire

3 minute read

AMC Shorts Get Smoked Again And Options Traders Hammer Calls

Today, 1:56 PM

AMC Entertainment Holdings, Inc. (NYSE: AMC) was trading up 22%, at one point, Monday afternoon amid continued retail interest in squeezing institutions and hedge funds who have short positions on

AMC

2 minute read

Lordstown Motors Overhauls Management; CEO, CFO To Step Down

By Shanthi Rexaline

Today, 1:56 PM

Lordstown Motors Corp. (NYSE: RIDE), which sounded out a "going concern" warning last week, announced a C-suite shakeup Monday. What Happened: Lordstown announced a slew of management changes, including the exit of CEO Steve Burns and CFO Julio Rodriguez.

3 minute read

The Week Ahead In Biotech: Takeda, Blueprint Medicines, Orphazyme, Eton On The Radar Ahead Of FDA Decisions, IPOs

By Shanthi Rexaline

Today, 1:56 PM

Biotech stocks extended their gains in the week ended June 11, supported by the broader market strength and some stock-specific moves.

ALXN

7 minute read

Wall Street Crime and Punishment: Howard Hughes Vs. The SEC

By Phil Hall

Today, 1:56 PM

Does crime pay? Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed takes them in the wrong direction.

1 minute read

Will Chewy’s Stock Rally Continue After Earnings?

By Mark Putrino

Today, 1:56 PM

Shares of Chewy, Inc. (NYSE: CHWY) may have broken resistance. This means the recent uptrend may continue. There was resistance at the $77.50 because it previously been a support level. What was support can become resistance and that’s what happened here.

CHWY

2 minute read

3 Short Squeeze Candidates With Tiny Floats

By Wayne Duggan

Today, 1:56 PM

Low float stocks can be some of the most volatile stocks in the market. If you mix in a short squeeze, the potential short-term gains in a low float stock can be extreme.

CARV

3 minute read

Why Naked Short Selling Is Not As Prevalent As You Think

By Wayne Duggan

Today, 1:56 PM

Last summer, Benzinga PreMarket Prep, co-host Dennis Dick discussed why the idea that naked short sellers are behind the high short interest in stocks like AMC Entertainment Holdings Inc

AMC

2 minute read

EXCLUSIVE: Trulieve CEO On Harvest Deal, Shifting Cannabis Industry Focus, Social Equity

By Andrew Ward

Today, 1:56 PM

Trulieve Cannabis Corporation (OTCQX: TCNNF) CEO Kim Rivers opened day two of the Benzinga Cannabis Capital Conference Friday with Cheddar Reporter Chloe Aiello.

HRVSF

3 minute read

AMC, Cinemark, Marcus, Imax: How Do The Cash Balances Of Top Movie Theater Chains Compare?

By Chris Katje

Today, 1:56 PM

The big news in the movie theater market continues to be the rise in the valuation of AMC Entertainment Holdings (NYSE: AMC). The company is seeing its share price rise due to increased interest from retail traders — and AMC is also raising money to short up its balance sheet.

AMC

3 minute read

What Traders Need To Know About GameStop And Naked Short Selling

By Melanie Schaffer

Today, 1:56 PM

GameStop Corporation (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) were the targets of a

AMC