AMC stock soars over 20% as Reddit-fueled rally extends to another week ...News

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AMC stock soars over 20% as Reddit-fueled rally extends to another week
source : Russia Today ( News ) () 18
Speculative trading activity in AMC Entertainment, the meme stock that has become popular with small investors recently, has pushed the shares of the struggling movie theater chain to double-digit growth. Shares of AMC surged 23% to nearly $57 on Monday, following an 80% rally in the previous week. AMC has gained more than 120% since the beginning of the month, after a wild growth of 160% in May, pushing its 2021 rally to over 2,600%. Last week, the trading frenzy sent AMC stock to an intraday record of $72.62. Also on rt.com GameStop short-sellers losing BILLIONS as wildly

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