GameStop, AMC short sellers double down even with stock swings

Despite heavy losses, short sellers of GameStop and AMC stocks have continued their bets against these companies. GameStop short sellers lost $1.5 billion this week, with the stock up 126%, while AMC short sellers saw losses of over $157 million as the stock rose 88%. The return of social media influencer "Roaring Kitty" has fueled these stock movements, with no significant news driving the trades. Short interest in both stocks has increased, suggesting that short sellers expect further declines.