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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.
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 ...
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 ...
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 ...
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 ...
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 ...
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.