101 days ago • Posted by Charles-Henry Monchau

Blockbuster: life after 10 years in a coma...

Blockbuster once owned over 9,000 video-rental stores in the United States. But, in 2010 Blockbuster filed for bankruptcy with almost $1 billion in debt because it failed to keep up with competitors like Netflix, who created a DVD-by-mail service. The liquidating stock suddenly went back to life this week as the hunt for short-squeeze frenzy went after some of the Microcaps. Below the historical volume chart of Blockbuster - source: Bloomberg  

Blockbuster volume