Short-selling firm says it’s covered its bet against AMC

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Published: Oct. 12, 2021 astatine 4:50 a.m. ET

A short-selling probe steadfast says it’s covered its stake against cinema concatenation AMC Entertainment astatine a profit.

Iceberg Research, successful a tweet, said it’s covered its abbreviated against AMC AMC aft the banal fell 30% during its holding. Iceberg had archetypal announced its abbreviated against AMC successful July.

The steadfast didn’t disclose the size of their position.

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