As parents searched for ways to keep kids happy and occupied during the COVID-19 pandemic, the toy category thrived, with sales rising 16% in 2020 to reach $25.1 billion, according to NPD Group.
Silver Lake clears a roughly $112 million profit by turning its debt holdings of AMC Entertainment into stock this week, just as a band of individual traders on Reddit and other online messaging boards drive up the struggling movie chain’s stock price.