News for hackers. Stuff that matters.

A comment on ‘Meme stock’ rally rescues AMC theaters from $600M debt. Parent comment

Re:‘Meme stock’ rally rescues AMC theaters from $600M debt by jeffbee on Sunday January 31, 2021 @01:42AM (#25976659)
The cost to borrow GME right now is outrageous but it's not unprecedented in the recent history of the stock. If 200% cost to borrow didn't put the shorts out of business last year, why would 50% do it now?
[ Parent | on HN ]
Re:‘Meme stock’ rally rescues AMC theaters from $600M debt by jbbae on Tuesday February 02, 2021 @12:20AM (#25997681)
Because it never traded at $200+
[ Parent | on HN ]