AMC shares soar 10% in a day; Is the meme stock back?
AMCAMC(AMC) Finbold·2024-04-18 17:41

AMC Entertainment Holdings (NYSE: AMC) faced a severe blow from the pandemic, with movie theaters shuttering across the US in March 2020. Transitioning from a pandemic-stricken victim to a meme stock sensation in 2021, the company saw its stock rise to unprecedented highs of $230 per share and plummet to a mere $3 valuation.However, the stock market’s unpredictability was once again demonstrated on April 17, when AMC stock experienced a surprising 10% surge in value within a single day. At one point, AMC sh ...