Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...

Shares of AMC Entertainment (NYSE:AMC) are up more than 10% today, although the rise isn’t attributed to any company-specific news. Rather, AMC stock is trading higher in sympathy with GameStop (NYSE:GME).Over the weekend, Roaring Kitty — whose real name is Keith Gill — revealed a $181.40 million stake in GME stock through a combination of shares and $20 call options expiring on June 21.Meanwhile, AMC’s short interest has the potential to drive a short squeeze. As of May 15, there were 56.73 million shares ...

It’s safe to say that you just can’t keep meme stocks out of the equation. Especially after the recent meme stock rally, triggered by Keith Gill, aka “Roaring Kitty,” to social media, had the market buzzing again. Consequently, the OG meme stocks in GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) sprung back into action again. Yet within days, the rally lost its bite, leading investors to consider which overvalued meme stocks to sell immediately.The joy of this month’s meme stock rally was remarkably s ...

The Zacks Leisure and Recreation Services industry is benefiting from the optimization of business processes, consistent strategic partnerships and digital initiatives. Moreover, robust demand for concerts, robust bookings for cruise operators and higher per capita spending at theme parks are supporting the industry. Firms like Royal Caribbean Cruises Ltd. (RCL) , Cinemark Holdings, Inc. (CNK) and AMC Entertainment Holdings, Inc. (AMC) . However, high inflation and concern regarding the global economy hurt. ...

AMC Entertainment (NYSE:AMC) stock rose 20% over the weekend as “meme stock trading” came back.The action began in GameStop (NYSE:GME). It rose 80% after Keith Gill, who calls himself Roaring Kitty, bought $116 million in shares. He also bought call options (aka bets a stock will rise).  AMC stock opened this morning at $5.55 per share, its market capitalization rising to $1.6 billion.Care to Play?Meme stock trading, like skateboarding, is fun until someone gets hurt. People who lead others into trades ofte ...

The meme-stock frenzy appears to reign after Roaring Kitty, a significant figure in previous GameStop (NYSE: GME) stock surges, shared a screenshot on Reddit suggesting a substantial investment in the gaming retailer.This news is important for GME stock and AMC shares, as they participated in the initial short squeeze in 2021 and benefited substantially from the latest meme-stock frenzy in May.Despite Roaring Kitty’s post not mentioning AMC Entertainment (NYSE: AMC), AMC stock has also rallied strongly, ris ...

No disrespect to AMC Entertainment (NYSE:AMC) fans or “Apes,” but more cautious financial traders might prefer a less volatile and risk-fraught cinema stock. I invite you to conduct your due diligence on IMAX (NYSE:IMAX) stock and consider taking a small position.Just to recap, IMAX isn’t nearly as big a company as AMC Entertainment is, but IMAX thrives in a niche market. In particular, IMAX specializes in visually enhanced films, sometimes including laser technology.When meme-stock mania returned and AMC s ...

A couple of weeks ago, there was significant activity (particularly in media coverage) regarding the seeming resurgence of meme stocks. The classics of the meme mania, AMC Entertainment (NYSE:AMC) and GameStop (NYSE:GME), rocketed higher. However, nearly as quickly as excitement for meme stocks regained momentum, the fervor seems to be fading again.Yet this does not imply that the short-lived meme mania failed to benefit some. For instance, GameStop raised $933 million during the rebound, and its share pric ...

Key PointsAMC Entertainment is the world’s largest movie theater operator and is still trying to turn a profit.AMC stock rallied over 300% at the end of May, driven by the brief meme stock resurgence.AMC raised $250 million in proceeds, selling 73.5 million shares at an average of $3.45 during the rally.5 stocks we like better than AMC EntertainmentThe world's largest cinema operator, AMC Entertainment Holdings Inc. NYSE: AMC, has already had a rollercoaster year, spiking over 300% in a matter of days in Ma ...

From Jan. 2, or the first trading day of 2024, to May 10, shares of AMC Entertainment (NYSE:AMC) plunged lower by 52%. However, AMC stock is up about 70% from May 10 to today.A strong box office isn’t behind the gains. AMC’s first-quarter revenue was $951.4 million compared to $954.4 million a year ago. Its net loss improved by 72% to $163.5 million.Rather, the return of Roaring Kitty following a nearly three-year social media hiatus is the main cause behind AMC stock’s surge. Roaring Kitty was instrumental ...