Just outside the doors of my local CVS, along an industrial road in Ann Arbor, Michigan, there’s a Redbox. I only ever notice it at night when its red glow stands out against the darkness on Michigan nights when I walk into the convenience store to pick up Advil and a pack of Oreos. I’ve never seen anyone use it.I’m not alone. The DVD vending machine company lost $140 million in 2021 as DVD rentals plummeted, leading the company to cut 150 jobs in April 2022.That hasn’t concerned investors who recently pumped up the stock up to record highs. On May 23, Redbox’s stock was trading 12 times the price it was just sold at, meaning investors are trying to make a buck on volatility before it eventu
Hence then, the article about redbox is the dumbest meme stock yet was published today ( ) and is available onQuartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Redbox is the dumbest meme stock yet )