Stock Market Today: Markets Churn Even as Meme Stocks Swing Higher
While the broader markets failed to make any big moves for a second straight day, the same can’t be said for meme stocks.
AMC Entertainment Holdings (AMC, +95.2%) which got caught up in GameStop’s (GME, +13.3%) massive short squeeze earlier this year has been the one to watch recently, and hit a record high today after the movie theater chain said it will offer free popcorn and other perks to retail investors.
“The meme stocks accelerated to the upside today,” says David Keller, chief market strategist…