AMCs stock close to doubled on Wednesday amid a flurry of interest in the stock from day traders and other amateur investors many of whom share ideas on the Reddit forum rWallStreetBets. AMC stock the current heavyweight champion of meme stocks was falling again after Mondays positive action.
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AMC may sell up to 116 million of its shares with a trading phenomenon pushing stock in the movie theater chain up almost 3000 this year and 140 just this week.
Amc stock news. AMC said in a securities filing that it raised 2305 million through a stock sale to. AMC has become an in vogue stock among this band of investors and this weeks price action recalled similar retail price action seen in GameStops GME. The hedge fund later turned around and sold all of its AMC stock for a profit according to Bloomberg News.
AMC Stock and the Story. AMC Entertainment Holdings Inc NYSEAMC shares are trading higher by 6 at 1375 Monday morning on continued momentum after the company last week announced it has completed its 43 million share. In fact you could call the weekend an unqualified success as one Paramount exec described the results.
Pivotal or flat-out. Early strength crumbled as it reversed lower giving up around 1. Its great news to be sure.
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