Reddit-fueled rally makes Silver Lake cash out on AMC for $713 Million

  This week Silver Lake, which is a private equity firm, sold its   AMC Entertainment Holdings stake for $713 million. Traders organized a rally on social media platforms such as Reddit and others leading to a ten-fold increase in its price share.   AMC shares had dropped to a low $2.12 per share, a … Continue reading Reddit-fueled rally makes Silver Lake cash out on AMC for $713 Million