Those betting on the decline in price of GameStop and AMC Entertainment Holdings shares lost another $670 million on Wednesday, data traced by financial analytics firm S3 Partners shows. Since the beginning of the year, short-sellers have lost around $8 billion betting against the two companies. The video-game retailer and movie-theater chain captured headlines earlier this year after a group of stay-at-home traders took to Reddit’s WallStreetBets forum to coordinate massive short squeezes that spiraled into a speculative buying frenzy sweeping the market. Also on rt.com New
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