“Bed Bath & Beyond, AMC rally with GameStop as little investors squeeze hedge funds in more stocks”
January 25, 2021
“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…”