5/14/2021 10:25:26 AM GMT | By Ivan Brian AMC surged more than 23% in Thursday's session. The entertainment giant's shares smashed key levels, targeting $14.54 and then $20. Switch from crypto to meme stocks surges the move. AMC has done it again and in the process is stealing the GameStop crown. Supposedly a movie about the whole GameStop saga is in the works, but if AMC has its way it will be stealing the show. Coming to an AMC theatre near you: "AMC to the moon". AMC closed Thursday at $12.77 for a nice gain of 23.7%, thank you very much. AMC stock news In the unlikely event you are not aware of the back story, here is a little recap of the story so far. AMC is a global cinema chain and, as a result, has struggled during the global pandemic as most of these cinemas have been closed for the better part of a year. The company narrowly avoided bankruptcy through the interest of retail traders. By strongly backing it, these retail traders allowed AMC to raise capital and debt, meaning it could survive the pandemic.