AMC Entertainment Holdings Inc (AMC) is trading 16% higher at $14.53 today.
AMC Entertainment Holdings Inc has been trading between a 52-week high of $52.79 and a 52-week low of $9.7. The stock has a market cap of $7.51 Billion.
Headlines
AMC jumps 13% as CEO hints at ''pounce'' on short sellers
Why Are Meme Stocks AMC and GME Roaring Higher Today?
Dear AMC Stock Fans, Mark Your Calendars for Aug. 4
AMC Entertainment Holdings, Inc. to Announce Second Quarter 2022 Results and Host Earnings Webcast
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse:
MontyAtWork - 432 upvotes -
source'member when this sub called GME traders cultists? 'member when Citron called GME going back to $20 fast lololol. It won't even be $20 after the split. 'member when AMC folks said their stock was just as good as $GME? And does anybody remember when DEEP FUCKING VALUE called this stock the winner that it is???? What's an exit strategy?; 1.5 years diamond handing. LET'S FUCKIN GOOOOOOOOOOOOO
wakeuparleen - 132 upvotes -
sourceDidn’t even think about that. RIP to amc
MontyAtWork - 90 upvotes -
sourceI actually had a position in AMC. I was hedging my bets, trying not to put all my eggs into one basket, you know? I'm liquidating that shit first thing in the morning.
RojoPoco - 31 upvotes -
sourceLol typical AMC investor
jengham - 28 upvotes -
sourceLmao maybe you should wait until something actually happens? God you GME elitists are hilariously pathetic. Now also pumping BBBY everywhere while trying to tell others that AMC is a bad investment? Makes no sense. Delusional. AMC is actively breaking records weekend after weekend, BBBY can't even sell a towel at a profit. Why are GME apes so insecure to have to make sure everyone knows their opinion on a stock they are not invested in and no one asked about? The crazy retail interest in AMC actively worries you.
Obsidianram - 23 upvotes -
sourceI suppose that's the "difference"...GME and AMC are *ahem*...controlled, whereas everything else is manippletated... Jimbo splittin' hairs again.
MontyAtWork - 23 upvotes -
sourceBecause probably 50% (total guess, we'll see what it really shakes out to) of AMC holders got in because it was seen as a cheaper, but just as likely to MOASS stock as GME. It was ripe for all the latecomers, FOMOers, Meltdowners, and paperhands from the first GME runup. These folks were trading on greed and not fundamentals, so when a seemingly EZ greed play presents itself again, they'll likely pile in. Again it's totally a guess but if I'm about to do it and I've been holding AMC almost as long as GME, I'm sure others will switch too.
Sea-Classic963 - 19 upvotes -
sourceAMC holders be like "a completely unrelated company stock split/dividend is gone make us moon bois!"
wakeuparleen - 18 upvotes -
sourcenah dude thats the thing over in stonk, most people thing amc is actually a hedge with a swap of amc and bkr.a. Its an entire rabbit hole. I am a dumb fuck and I will tell you one thing I find interesting Koss-bbby-gme all moved after split announcement. amc didnt do shit. there is no split coming. there is no NFT market place coming. All they have is a gold mine, lazer eyes and insiders who like to sell.
chitchatsplat - 12 upvotes -
sourceNotice how AmC is not running with GME In AH? But BBBY is..