Saturday, January 28, 2023

Meme-stock mania companies, including GameStop and AMC Entertainment, have raised $4.7B since the hype began in January 2021, but failed to boost performance (Financial Times)

Financial Times:
Meme-stock mania companies, including GameStop and AMC Entertainment, have raised $4.7B since the hype began in January 2021, but failed to boost performance  —  Cash bonanza enabled by retail investors fails to boost beneficiaries' performance  —  Companies at the centre of the meme-stock mania …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...