The catalyst? The removal of the "going concern" from the auditor.
This wasn't known by the marketplace?
It just means that the shorts have been getting busy again, with their algorithms, hitting stocks that have busted their secondary price. In MGM's case it was 7.
Erin Burnett on CNBC said this morning that high end bags now have a larger waiting list, and in the UK, you have had an uptick in price for the high end homes.
"Green shoots" in the high end?
And it looks like the shoots are getting shoved in some shorts!
Because shoots need fertilizer to grow!