{"id":77478,"date":"2021-03-09T01:15:56","date_gmt":"2021-03-09T06:15:56","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77478"},"modified":"2021-03-09T00:50:45","modified_gmt":"2021-03-09T05:50:45","slug":"move-over-gamestop-discovery-amc-networks-are-latest-heavily-shorted-stocks-to-see-huge-2021-gains","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2021\/move-over-gamestop-discovery-amc-networks-are-latest-heavily-shorted-stocks-to-see-huge-2021-gains.html","title":{"rendered":"Move over GameStop: Discovery, AMC Networks are latest heavily shorted stocks to see huge 2021 gains"},"content":{"rendered":"\n<p>(CNBC) It\u2019s not\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/GME\" target=\"_blank\">GameStop<\/a>, but\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/DISCA\" target=\"_blank\">Discovery<\/a>\u00a0can thank the Reddit effect for an enormous surge in its stock price this year. Since launching Discovery+ on Jan. 4, Discovery shares are up a whopping 116%, closing Monday up another 4.7% at $67.25 \u2014 an all-time high. The market capitalization of the media company, which owns cable networks such as HGTV, Discovery Channel, Food Network and TLC, is now more than $28 billion. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/03\/08\/discovery-amc-networks-heavily-shorted-huge-2021-gainers.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) It\u2019s not\u00a0GameStop, but\u00a0Discovery\u00a0can thank the Reddit effect for an enormous surge in its stock price this year. Since launching Discovery+ on Jan. 4, Discovery shares are up a whopping 116%, closing Monday up another 4.7% at $67.25 \u2014 an [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77478","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77478"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77478\/revisions"}],"predecessor-version":[{"id":77479,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77478\/revisions\/77479"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}