Amc Meme Stocks

AMC and other meme stocks flipped the way markets usually work Meme-stock traders have created a Bizarro World version of shareholder capitalism. Executives in companies like Reddit darlings GameStop and AMC are playing along with the hyper-speculation behind the meme stock trade, according to market risk expert Richard Smith. "They are in. March was an excellent month for AMC shares after several months of underperformance. These were some of the biggest names caught up in the meme-stock boom last year. Unlike top executives at some other companies embraced by individual investors as so-called meme stocks, like retailer GameStop, Aron has welcomed the new shareholders that have piled into AMC. Soon after, other stocks like AMC (NYSE: AMC. Investing legend Bill Gross compared meme stocks GameStop and AMC to lottery tickets. AMC operates the largest chain of movie theatres in Europe, the United States, and worldwide. Part of AMC's appeal to investors was the rocket ride enjoyed by shares of gold and silver miner Hycroft Mining Holding Corp. Shares of GameStop and AMC, two companies beloved by traders on Reddit and other social media platforms, are surging again.