Quantum (NASDAQ:QMCO) reported quarterly losses of $(0.04) per share which met the analyst consensus estimate. The company reported quarterly sales of $97.07 million which beat the analyst consensus estimate of $94.07 million by 3.19 percent. This is a 8.95 percent increase over sales of $89.10 million the same period last year.
GameStop, AMC Surge Burns Short Sellers: This Hedge Fund May Have Been On The Right Side Of The Trade
Original meme stocks GameStop Corp and AMC Entertainment Holdings are taking a bit of a breather Wednesday after exploding higher to start the week. The losses from short-selling hedge funds are piling up, but it appears at least one hedge fund was on the right side of the trade.
