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Tag: Prince Edward Island

Analysis: Meme stock investors place risky bet on bankrupt Revlon being the next Hertz

The 30-year-old plumber from Oxford, North Carolina, scored a 350% profit last week by selling half the shares in the U.S. cosmetics maker he bought after it filed for bankruptcy protection on June 16. He thinks he can make even more by holding on to the rest of his shares through the bankruptcy.

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