Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
AMC stock nearly doubles — but hedge fund has ‘no regrets’ about selling

AMC stock nearly doubles — but hedge fund has ‘no regrets’ about selling

NY Post
Thursday, June 03, 2021 01:02:52 AM UTC

Shares of AMC Entertainment nearly doubled on Wednesday — but Mudrick Capital, which liquidated a $230 million position in the movie exhibitor a day earlier, isn’t eating its heart out, sources told The Post.

Even as the stock doubled to $62.55 — up 95 percent from the previous day’s close of $32.04 — people close to the hedge fund shrugged it off. One insider said of the brief flirtation with AMC stock, “It’s history,” adding that there were “no regrets.” That’s despite the fact that investors in Mudrick — who on Tuesday made a quick, relatively modest profit on a chunk of 8.5 million shares the fund had bought from the company in a secondary offering — could have made hundreds of millions of dollars staying in the stock for an extra 24 hours.
Read full story on NY Post
Share this story on:-
More Related News
© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us