To the Moon! And Back? (infographic)
Carried by meme investors on (in)famous subreddit WallStreetBets, AMC Entertainment saw its share price nearly double on Wednesday before continuing its ascent in pre-market trading on Thursday. The latest jump marks the temporary culmination of a rally that began last week when chatter about sending AMC to the moon picked up on WallStreetBets once again.
The movie theater chain hit hard by the COVID-19 pandemic has lately overtaken GameStop as the main target of meme investors aiming to boost the…
