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1w ago Hedge Fund hedgeco Views: 121

(CNBC) The meme stock mania created by the day trading Reddit crowdfizzled a bit on Thursday. It’s easy come, easy go for many speculative names favored by retail investors including AMC Entertainment and GameStop as they suffered double-digit losses on Thursday, pulling back from their recent explosive rallies. The video game retailer shed 27.2% even after announcing two high-profile executive hires from Amazon. The movie theater chain dropped 13.2% on Thursday, turning negative on the week. To read this article: -

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