(Bloomberg) — It’s trying increasingly like corporate-finance textbooks want a chapter on memes.
Being on the point of chapter not appears to matter a lot within the U.S. inventory market. Whereas which may sound like the start of a cautionary story concerning the state of investing in 2021, the truth is way stranger. Redditors have bid up shares of AMC Leisure Holdings Inc. and GameStop Corp. a lot that it’s saved them — for now, not less than — from deep hassle.
They’re not the one troubled firms the place social-media customers are attempting to conjure magic. In a broad