AMC stock soars after Reddit users' effort to help struggling movie theater chain Experts warn the boost is likely temporary with no real long-term implications. Share Updated: 7:44 PM CST Jan 27, 2021 Experts warn the boost is likely temporary with no real long-term implications. Share Updated: 7:44 PM CST Jan 27, 2021 Hide Transcript Show Transcript EMIL AMC STOCK QUADRUPLED OVERNIGHT AFTER USERS ON REDDIT PROMOTED BUYING STOCK TO HELP THE COMPANY BUT ECONOMIC PROFESSORS WE SPOKE WITH SAY THE BOOST IS LIKELY ONLY TEMPORARY AND WILL BE SHORT-LIVED. DESPITE MOVIE THEATERS LARGELY SITTING EMPTY, AMC STOCKS SKYROCKETED MORE THAN 300% IN ONE DAY. I CHECKED IT OUT AND I WAS LIKE WHAT IS GOING ON? EMIL THEY HAVE BEEN TOUTING AMC SCOTT -- STOCK AND EVEN GOT THE #AMC TRENDING ON TWITTER. AMC OPENED WEDNESDAY AT MORE THAN $20 A SHARE, BUT ECONOMICS PROFESSORS WARNED THE SPIKE TO BE SHORT-LIVED. >> THE SPEED AND MAGNITUDE AT WHICH IT HAPPENS, CERTAINLY WOULD MAKE YOU NERVOUS THAT IT IS NOT HERE TO LAST. I DO NOT KNOW HOW LONG IT WILL LAST COME UP BUT THESE -- BUT THESE PEOPLE WILL BE OUT. EMIL AS FOR THE WIDESPREAD IMPLICATIONS FOR SOCIAL MEDIA’S IMPACT, THE PROFESSORS SAY THAT MEANS TO BE SEEN -- REMAINS TO BE SEEN. WHETHER THIS WILL MAKE -- ATTRACT MAY BE MORE INDIVIDUAL INVESTORS TO MAKE THIS IMPACT EVEN STRONGER IN THE FUTURE IT GOING TO BE INTERESTING TO SEE HOW IT PLAYS OUT. THIS DOES NOT IMPACT AMCS LONG-TERM PROCESS IN ANY FUNDAMENTAL WAY. IF THEY CANNOT GET PEOPLE INTO THE THEATER, THEY WILL GO OUT OF BUSINESS. EMILY: REDDIT USERS ACTUALLY DID THE SAME THING TO GAME STOP AND BED, BATH & BEYOND IN RECENT DAYS, THE PROFESSORS WE SPOKE WITH SAID IT IS PROBABLY NOT A GO IDEA TO GET IN ON BUYING THESE STOCKS BECAUSE THEY AR