• A hedge fund lost 10% in just a few days after a sudden spike in AMC stock derailed an options trade, new report says

    2 days ago - By Business Insider

    Gary Hershorn/Getty Images
    Hedge fund Mudrick Capital lost 10% in just a few days amid a recent surge in AMC Entertainment's stock price, the Wall Street Journal reported .
    The fund announced earlier this month that it purchased millions of AMC shares and sold them at a profit shortly after.
    The fund is still up 12% year-to-date, while shares of AMC are up more than 2,000%.
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    Hedge fund Mudrick Capital lost 10% in just a few days of trading as shares of meme stock AMC Entertainment spiked to record highs, the Wall Street Journal reported , citing...
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