Or, if not the entire movie-theater business, at least AMC. The pandemic had made the already-difficult financial situation of the world’s largest cinema chain disastrous. But the same amateur stock-traders on the subreddit r/wallstreetbets who put GameStop in the news this week bought lots of stock in AMC as well. As a Bloomberg columnist put it, “Six hundred million dollars in debt, vaporized by Reddit enthusiasm.” – Slate
