Home / Business / A 20 percent gain in AMC’s futures markets gave short sellers a $ 500 million loss, Ortex said.

A 20 percent gain in AMC’s futures markets gave short sellers a $ 500 million loss, Ortex said.



Shares of film network operator AMC Entertainment AMC.
+ 35.58%
It was up 20 percent in futures trading after a 36 percent jump on Thursday and more than doubled over the past four days on Twitter, financial analysis group Ortex, saying new losses were made for sellers. The meme stock’s short was “up to $ 500 million in pre-market hours alone. All losses on AMC this week were $ 1.75 Bilion, so far, social media retail investors have fueled it. AMC’s rise earlier this year, video game retailer GameStop GME.
+ 4.77%,
Still, this year’s top meme stock is up 2.7 percent in the futures market.




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