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Investor Education Series: Short Squeeze Some stocks such as Wynn Resorts (WYNN) spiked 28% in a single day, Live Nation, which owns Ticketmaster soared 15% higher, AMC Entertainment (AMC), the movie theatre chain, skyrocketing 51%. These aren’t your typical market leaders but are some of the worst performers of 2020 as their core businesses have been directly impacted by COVID-19. So, it comes as no surprise that when Pfizer came out with positive vaccine news, these stocks were the first to rally. But the Pfizer vaccine is likely only half the story. The moves in these stocks wouldn’t have been so explosive if not for a powerful market force. That powerful force is called a “short squeeze”. And that is a phenomenon unique to some of the most shorted stocks today. Before I elaborate on how one can profit from the

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