|Bid||0.00 x 150000|
|Ask||0.00 x 150000|
|Day's range||7.76 - 8.26|
|52-week range||1.55 - 19.90|
|Beta (5Y monthly)||1.42|
|PE ratio (TTM)||N/A|
|Earnings date||07 Jun 2021 - 11 Jun 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||06 Mar 2020|
|1y target est||N/A|
Whereas the coronavirus pandemic whipsawed equities last year, retail investors are one of the primary causes of equity vacillations in 2021. Beginning in mid-January, retail investors on Reddit's WallStreetBets (WSB) chatroom began allying with each other to buy shares and call options in stocks with very high levels of short interest. Since institutional investors and hedge funds hold a majority of the short-sold positions in the stocks targeted by the WSB community, this has been construed as a battle between retail investors and the so-called "big money."
Many are still up for grabs, as investors would rather pay a high price for companies that are steadily growing their cash flows than pay for ones having temporary problems with theirs. Today, let's look at why brave investors can benefit from going long on shares of AMC Entertainment Holdings (NYSE: AMC), Bausch Health (NYSE: BHC), and Aurora Cannabis (NYSE: ACB). Theater chain AMC Entertainment Holdings has had a rough time after it had to cease operations for months because of COVID-19-related restrictions.
Shares of the movie-theater operator look vulnerable to a pullback. Here are some better ways to capitalize on the reopening.