AMC Entertainment Holdings (AMC) Stock Price jump as CEO praises Reddit investors
5/11/2021 9:59:00 AM GMT | By Stocks Reporter NYSE:AMC gains over 2% on Monday as market weakens. AMC results were poor, but retail traders love the name and the CEO. Meme stocks and the Reddit short squeeze are the focus of the SEC’s new chair. Update May 11: AMC shares bucked the trend on Monday rising nearly 3% and putting $10 firmly in their sights. The Nasdaq and most other retail interest stocks dumped but AMC bucked the trend. It was one of the few stocks in the green on Monday. Traders had been impressed with the conference call comments after...
Source: fxstreet.com