Will AMC Entertainment Go Bankrupt?
When the curtain closes on 2021, it'll undoubtedly go down as the "Year of the Retail Investor." Without getting too far into the weeds, retail investors on Reddit and other popular social media chatrooms began banding together in January to buy shares and out-of-the-money call options in stocks with very high levels of short interest. In certain instances, where average daily volume was low, relative to what it is now, these retail groups were able to effect a short squeeze -- an event where short-sellers feel "trapped" by a rapidly rising share price and scurry for the exit.
