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“Bed Bath & Beyond, AMC rally with GameStop as little investors squeeze hedge funds in more stocks”

“Shares of Bed Bath & Beyond are popping 36% and shares of AMC Entertainment are soaring 30% on Monday, as individual investors pile into the names while hedge funds rush to cover their losses from shorting the stocks.

The pair joins GameStop, which is up 80% on Monday, in their short-squeeze rallies. Troubled video came retailer GameStop has rallied 500% in January alone, skyrocketing to over $150 a share at one point on Monday. The stock’s rally doesn’t seem to be slowing down despite valuation concerns from Wall Street firms…”

https://www.cnbc.com/2021/01/25/bed-bath-beyond-amc-rally-wjoin-gamestop-in-rally-as-trend-of-retail-investors-squeezing-hedge-funds-spreads.html

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