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AMC Entertainment is cashing in on the revival of the meme stock trade. The struggling theater chain raised $250 million of "new equity capital" through the sale of 72.5 million shares on Monday ...
AMC Entertainment Holdings, Inc (NYSE:AMC) stock is trading lower Friday, like other popular retail trader stocks, also called the ‘meme stocks,’ in sympathy with GameStop Corp (NYSE:GME).
The recently released movie "Dumb Money", about a YouTube content creator who encourages his followers to invest in heavily-shorted stocks, has stirred up more discourse regarding meme stocks. See ...
It is the first time Gill mentioned a company name after his return to X following a three-year gap, which set off a rally in highly shorted stocks, reminiscent of the 2021 retail trading frenzy.
Short-sellers aim to turn profits on a stock by borrowing shares, selling them and returning them after purchasing them at a lower price. Shares of AMC Entertainment, another meme stock, popped 78 ...
GameStop stock is down over 70% from its 2021 intraday peak, while AMC is 99% off its all-time high. Since he recently resumed posting on Sunday, Gill has posted over clips of movies on social ...
Colas noted that the move back in 2021 was quite a bit larger than what we've seen so far this time around, with GameStop stock rising 1,500% in January 2021 before forfeiting most of those gains ...
A frenzy of buying of AMC Entertainment stock triggered several trading halts Wednesday, with meme-stock traders fueling a surge of more than 100 percent. ... according to Bloomberg News. AMC said ...