Page 11 - மக் பொழுதுபோக்கு ஹோல்டிங்ஸ் இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

AMC Entertainment Holdings Inc. extended Wednesday’s surge in premarket trading as the Reddit retail-trading army continued to gorge on the stock, sending it to heights that has left Wall Street pros perplexed. After rising 95% to a record high in the last regular session, AMC gained 13% to $71.01 as of 4:02 a.m. in New York. The money-losing movie-theater chain has a market value of more than $30 billion, making it more valuable than at least half of the companies in the S&P 500 Index. While most financial commentators agree that the stock has detached itself from traditional investment fundamentals, they are less sure of the reason. Some cite an abundance of liquidity and savings created during the pandemic, while others point to the impact of social media in providing a platform for small investors to egg each other on.

New yorkUnited statesSylvain goyonCharles henry monchauReddit wallstreetbetsHargreaves lansdownGamestop corpVideo communications incAmc entertainment holdings incWall streetSome twitterZoom video communications incMudrick capital managementEddit retail trading armyInancial commentatorsAmc stock