CWS Market Review – June 4, 2021
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“Sometimes the hardest thing to do is to do nothing.” – David Tepper
Meme-stock hysteria has returned to Wall Street. The latest victim/hero is AMC. Shares of the theater chain soared from $12 per share two weeks ago to as high as $72 on Wednesday. The company then announced an offering of 11.5 million shares to the public. By Thursday, the stock got cho…