There has been a lot written about how and why meme stocks continue to defy the law of gravity, but now something far weirder is going on—violating the law of one price.
Professional money managers tempted to bet on or against Reddit favorites such as GameStop or Bed Bath & Beyond have usually regretted it. That all seemed to change when AMC Entertainment Holdings and its individual shareholders, who dub themselves apes, handed them a golden opportunity.
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