AMC is an amusing sideshow as the calm bull market forges ahead, pulling in billions from investors
The market is big enough for apes and tortoises, with plenty of room for the army of primate traders chasing a 2,000% gain in AMC Entertainment and the quiet majority gradually sliding money into stock funds to harness a regular old economic expansion.
The self-described “apes” who’ve helped AMC go bananas making it by far the most actively traded issue in the stock and options markets last week have followed the Roaring Kitty-led stampede into GameStop a few months ago to become the fixation of…