 "Bed Bath & Beyond")
The unraveling of the latest meme stock frenzy is accelerating as bad news for some of the most popular retail-trader favorites pile up and investors broadly dump riskier assets.
AMC Entertainment Holdings Inc. plunged 38% in premarket trading ahead of its debut of a new class of shares and after peer Cineworld Group Plc confirmed it may go bankrupt. Bed Bath & Beyond Inc. tumbled 14%, on pace to add to a 52% two-day slide, after a report some suppliers were restricting or halting shipments altogether after the company fell behind on payments.
The movie-theater chain’s new preferred stock is set
