AMC stock will ‘fall hard’ because the company isn’t changing the world like Tesla: strategist
Most professional strategists are advising retail traders in AMC’s stock to be cautious after its latest one-day insane move higher that is completely devoid of fundamental analysis.
“When the music stops, this stock is going to fall hard in my opinion,” said Miller Tabak strategist Matt Maley on Yahoo Finance Live. Shares of AMC exploded more than 100% in afternoon trading on Wednesday, leading the way in a renewed bid by retail investors to send meme stocks such as GameStop, popular earlier in…
