RDBX

Redbox Entertainment (NASDAQ: RDBX) shares jumped 42.9% on May 2 to close at $8.53 but dropped over 9% in the extended trading hours, hinting at a possible short squeeze. While there isn’t any specific reason for the huge price movement leading to two trading halts during early trading hours on Monday, the stock has indeed generated significant retail investor interest recently, especially after the company announced a new line of financing and the CFO transition last week. Redbox is a leading entertainment company that gives consumers access to a large variety of content across digital and physical media.
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