Business
Bed Bath & Beyond, AMC rally with GameStop as little investors squeeze hedge funds in more stocks – CNBC
Bed Bath & Beyond and AMC Entertainment join the long list of stocks rallying on the short-squeeze frenzy.
Signage is displayed outside of a Bed Bath & Beyond Inc. store in Los Angeles, California, U.S., on Monday, Sept. 19, 2016.
Bed Bath & Beyond and AMC Entertainment are the newest targets of speculation for retail investors, creating a nightmare scenario for hedge funds betting against these once beat-up 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…
