AMC shares finally fall 18% after movie theater chain warned investors they could lose all their money – but other ‘meme stocks’ continue to rise
AMC stock prices saw a rollercoaster Thursday, dropping from record highs as the beleaguered theater chain warned investors they’d be better off staying away, and as other so-called ‘meme stocks’ continue their volatile runs.
It came a day after AMC shares almost doubled on Wednesday as amateur traders pushed stock to record highs and forced trading to be suspended four times.
Shares of AMC finished the day Thursday at $51.34, down 18% from Wednesday.
Earlier in the trading session shares had…
