AMC Entertainment Holdings Inc (AMC)

[doverdr]

liquidity tightening? Looking forward to a (possible) good week next week for shorted meme stocks. I say possible since we never know what is going to actually happen anymore.

FDIC prepares to place First Republic under receivership
"The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic Bank under receivership imminently, a person familiar with the matter said on Friday, sending shares of the lender down nearly 50% in extended trading.

The U.S. banking regulator decided the troubled regional lender's position has deteriorated and there is no more time to pursue a rescue through the private sector, the source told Reuters, requesting anonymity because the matter is confidential.

Big banks including JPMorgan Chase & Co and PNC Financial Services Group are vying to buy First Republic following its seizure by the government, which could come as soon as this weekend, the Wall Street Journal reported on Friday."