Top Stories - Spark Newswire

2 minute read

AMC And GameStop Short Sellers Have Taken A $12B Loss In 2021

Today, 12:07 PM

Shares of so-called meme stocks AMC Entertainment Holdings Inc (NYSE: AMC) and GameStop Corp. (NYSE: GME) both dropped on Thursday morning, providing some relief to short sellers reeling from heavy Wednesday losses.

AMC

2 minute read

AMC Entertainment Announces Another Stock Offering, Warns Investors They Could Lose ‘All Or A Substantial Portion’ Of Their Money

By Wayne Duggan

Today, 12:07 PM

AMC Entertainment Holdings Inc (NYSE: AMC) stock gave up big premarket gains and was plunging Thursday after the company announced a new stock offering and warned its investors about the risks involved in owning shares.

AMC

2 minute read

8 Stocks With The Highest Short Percent Of Float Right Now

By Wayne Duggan

Today, 12:07 PM

Traders often look at short interest to get a sense of how many people are bearish on a stock and how strong the possibility of a short squeeze is. But simply looking at the size of the outstanding short position for a stock might not necessarily be the best indicator of how volatile a stock can be if the shorts begin to cover.

BBBY

3 minute read

AMC Shorts Get Smoked And Options Traders Jump In

By Melanie Schaffer

Today, 12:07 PM

AMC Entertainment Holdings Inc (NYSE: AMC) made another new all-time high on Wednesday, but this time by a mile, soaring over 80% at one point, above its previous all-time high of $36.76.

AMC

2 minute read

Car Wars: Ford Analyst Raises Price Target, Praises Product Pipeline

By Wayne Duggan

Today, 12:07 PM

On Wednesday, Bank of America released its annual Car Wars study of the strength of U.S. automaker product pipelines.

3 minute read

Zoom Video Shares Pull Back After Q1 Earnings: What Do Analysts Think?

By Wayne Duggan

Today, 12:07 PM

Zoom Video Communications Inc (NASDAQ: ZM) shares traded lower by 0.3% on Wednesday after the company reported blowout first-quarter earnings numbers but warned investors that a slowdown is coming in the quarters ahead.

1 minute read

An ETN To Play The Potential Meat Shortage

By Mark Putrino

Today, 12:07 PM

It's being reported that Russian hackers are behind the cyber attack against JBS, the world's largest meatpacker. The company has said it's making significant progress in resolving the issues, but some analysts believe the disruption of operations could lead to higher meat prices.

COW

9 minute read

The Killing Of Black Wall Street: 100 Years Gone By Since The Tulsa Race Massacre

By Phil Hall

Today, 12:07 PM

This year marks the centennial of the Tulsa Race Massacre, which saw the destruction of a Black community in Oklahoma that, despite the brutality of state-sanctioned segregation, achieved an uncommonly strong level of commercial prosperity. The community was hailed as Black Wall Street because of the surplus level of businesses that thrived in this unlikely environment.

SPY

3 minute read

Companies, Government Agencies Use Lavish Sweepstakes Prizes To Increase COVID-19 Vaccinations

By Phil Hall

Today, 12:07 PM

With less than half of the U.S. population receiving the full dosages of the COVID-19 vaccine, several companies and state governments are still trying to speed the progress of national inoculations by offering extravagant sweepstakes prizes for those who have become fully vaccinated.

CVS

7 minute read

Wall Street Crime And Punishment: Cort Randell And The National Student Marketing Corp. Fraud

By Phil Hall

Today, 12:07 PM

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

AXP