
(Reuters) -AMC Entertainment shares fell as much as 12% on Friday after short-seller Iceberg Research tweeted that it had made a bearish bet against the theater chain operator's stock. The so-called meme stock was last down 8.9% at $49.40 after falling as low as $47.77 following Iceberg's disclosure on Twitter that it had sold the shares short, which involves borrowing shares with a view to buying them back at a lower price to cover the bet. "Our position is based on the fundamentals of the company and the fact its stock price has been inflated by call options, which is always temporary," said Arnaud Vagner, founder of Iceberg Research.

‘He says he doesn’t want to pay rent, as he is not getting anything in return and the money is wasted. He thinks I am making money from him.’

(Bloomberg) -- International Business Machines Corp. President Jim Whitehurst is stepping down after three years at the century-old technology company. The shares fell the most in five months.The departure marks one of the first major corporate reshuffles under Chief Executive Officer Arvind Krishna, who took the helm last year and has moved quickly to reshape IBM and return it to growth. Whitehurst, 53, is the former CEO of Red Hat Inc., which IBM announced it was acquiring in 2018 in a $33 bil

You might want to hold off on that, said Kristian Finfrock, founder and financial adviser at Retirement Income Strategies. “Although I don’t want her to deplete her savings, I prefer it over the retirement account loan, which has far-reaching consequences in my opinion.” You didn’t specify what type of retirement account you have at work, but if it’s a 401(k), there are a few rules you should know.
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