Money Talks
AMC Raised $1 Billion From Meme Stock Mania. Why Didn’t GameStop Even Try?
The struggling video game retailer chose not to exploit an irrational market. Bad move.
Published in
6 min readFeb 8, 2021
With the stocks of GameStop, AMC, Nokia and others tumbling back to reality — down some 65% from their recent highs — it probably won’t be long…