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1 min read
AMC surges past $30 Friday amid blistering five-day rally bolstered by Reddit
Shares of AMC Entertainment have tripled in just five days of trading, as retail traders pour into …
Natasha Dailey  Â
2 mins read
AMC shares have surged 146% in just 4 days as gleeful Reddit traders squeeze shorts, pushing the stock well above January highs
Shares approached $30 Thursday with one-day gains as high as 56% as Wall Street Bets poured into th…
Natasha Dailey  Â
2 mins read
AMC short sellers are digging in despite a 5-day rally in the stock that's driven billions in losses, data shows
New data suggest short sellers haven't covered their positions amid the AMC stock rally but have in…
Natasha Dailey  Â
2 mins read
AMC is officially accepting bitcoin and ether in online payments with dogecoin coming next, CEO says
"We proudly now accept: drumroll, please bitcoin, ether, bitcoin cash, and litecoin," AMC CEO Aron …
Isabelle Lee  Â
1 min read
AMC CEO says the movie theater chain could issue its own cryptocurrency
"There are a lot of reasons why AMC could be a successful issuer of cryptocurrency as well as a red…
Isabelle Lee  Â
1 min read
AMC is now accepting dogecoin for gift cards after crypto fans flooded a Twitter poll from CEO Adam Aron
The CEO added that AMC will continue to work on accepting online cryptocurrency payments by the end…
Isabelle Lee  Â
2 mins read
AMC pares steep losses after the Reddit favorite raises nearly $590 million in new share sale
AMC said investors risk losing all or a chunk of their investment, with the caution coming as the c…
Carla MozĂ©e  Â
1 min read
AMC short sellers just lost $512 million in a single day as the stock spiked once again
The Monday loss is massive, but falls short of the $2.8 billion that short-sellers lost at one poin…
Isabelle Lee  Â
2 mins read
GameStop and AMC short-sellers have lost almost $1 billion in just 5 days of trading amid a meme-stock rally
Shorts lost $210 million from their positions in AMC and $227 million from GameStop on Monday alone…
Natasha Dailey  Â
2 mins read
AMC jumps 24% to extend last week's massive rally for the meme stock
AMC continued to soar to open the week, as retail traders on social media keep up the hype around t…
Natasha Dailey  Â
1 min read
BlackBerry jumps 12% as Redditors use rocket ship emojis to cheer the stock price approaching $10
Meme stocks like GameStop, AMC, and BlackBerry, have rallied this week amid increased chatter from …
Natasha Dailey  Â
2 mins read
Meme stocks whipsaw as AMC share sale ends massive Reddit-fueled rally
Many of Reddit's favorite stocks including AMC, GameStop, and Bed Bath & Beyond retreated Thursday,…
Natasha Dailey  Â
1 min read
The CEO of AMC gifted his twin sons 500,000 shares in March. Now the holdings are worth more than $30 million after the stock's massive surge.
The gift of AMC CEO to his sons has grown five-fold thanks to a monster rally driven in part by Red…
Isabelle Lee  Â
2 mins read
Retail traders driving the meme stock frenzy are 'here to stay' but the AMC rally isn't going to end well, former E*Trade CEO says
Social media and trading apps are powerful tools at the hands of new investors, Karl Roessner said …
Natasha Dailey  Â
2 mins read
Redditors say they broke Jim Cramer after he exclaimed 'why why why' and called Wall Street Bets child's play
Meme stocks like GameStop, AMC, and BlackBerry, have rallied this week amid renewed interest from R…
Natasha Dailey  Â
1 min read
Meme stocks extend short-squeeze rally to massive 100%+ gains with GameStop and AMC leading the way
"All this feels like an echo of early 2021, when this account helped fuel a vicious short squeeze i…
Matthew Fox  Â
2 mins read
GameStop and other meme stocks rebound after sharp sell-off as Reddit traders 'hold the line'
On Tuesday, the cohort of highly volatile stocks plummeted for the first time in days, reminding in…
Ben Winck  Â
2 mins read
Mudrick Capital calls AMC overvalued and offloads its entire stake at a profit the same day its $230.5 million share purchase is disclosed, new report says
Mudrick Capital had purchased 8.5 million AMC shares for $27.12 apiece. News of the sale sent AMC s…
Carla MozĂ©e  Â
2 mins read
AMC wants to issue 25 million more shares after a 2,300% rally this year, to help it chase acquisitions 'hard'
AMC has raised around $800 million through share sales in recent days, but it now wants to further …
Harry Robertson  Â
2 mins read
Reddit traders pushing AMC stock have helped add over $120 million to CEO Adam Aron's fortune since the start of the year
CEO Adam Aron holds roughly 4.2 million shares of AMC. They've helped him add more than $120 millio…