Markets

‘The trade of a lifetime’: Silver Lake and Mudrick have reaped huge gains from their AMC investments as Reddit traders send the stock soaring

Silver Lake Group made “the trade of a lifetime” on AMC Entertainment, according to one hedge fund manager. Another firm, Mudrick Capital, made a similarly successful wager earlier this month. The two firms were able to convert distressed debt into equity in AMC after Wednesday’s share-price jump. “The market did […]
‘The trade of a lifetime’: Silver Lake and Mudrick have reaped huge gains from their AMC investments as Reddit traders send the stock soaring