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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 ...
The chickens appear to have finally come home to roost for AMC Entertainment (NYSE:AMC) stock. Source: Helen89 / Shutterstock.com For a year now, exasperated short-sellers have thrown up their ...
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 ...
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).
Shares in AMC Entertainment sunk 42 percent on Monday, and it was all AMC's own doing. (And it was on purpose.)
The struggling movie theater chain AMC jumped 2,300% in a very short span of time in the same year. Some big traders posted collosal losses as GameStop raced from less than $20, to close to $400 each.
At the market close on Monday, AMC stock had risen more than 78% while GameStop had rallied nearly 75%. The moves higher continued, with both AMC and Gamestop shares roughly doubling in price .
Tuesday morning, AMC announced it had raised $250 million off the run-up in its stock value from the near-doubling of its share price Monday (though it was just $3 to $5 per share). It's likely ...