<story><title>‘Meme stock’ rally rescues AMC theaters from $600M debt</title><url>https://www.polygon.com/movies/2021/1/29/22256360/amc-stock-price-reddit-rally-robinhood-debt-conversion</url></story><parent_chain></parent_chain><comment><author>jeffbee</author><text>Why is Polygon trying to make this sound like Silver Lake might have lost money? They converted a pile of definitely worthless debt into perhaps-not-worthless shares. They are trying to make it sound like making 5-7% is a single day isn&amp;#x27;t great, but that is a spectacular return by any standard.</text></comment>
<story><title>‘Meme stock’ rally rescues AMC theaters from $600M debt</title><url>https://www.polygon.com/movies/2021/1/29/22256360/amc-stock-price-reddit-rally-robinhood-debt-conversion</url></story><parent_chain></parent_chain><comment><author>xwdv</author><text>Wow, it pays to be a meme stock.&lt;p&gt;This means that memes could really be an untapped trillion dollar industry if they’re able to drastically raise the social capital of damn near anything, which can be used for profit purposes.</text></comment>