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Noam Galai/Getty Images Hello! This story is from today's edition of Morning Brew, an awesome daily email read by 2.9 million next-generation leaders like you. Sign up here to get it! Propelled by Reddit traders, AMC has landed on the moon and discovered it's made of movie theater nacho cheese. Following a remarkable 1,100% gain in share price this year, the chain raised more than $230 million to acquire other theaters, such as the former Arclight Cinemas and Pacific Theatres. Did AMC find a $230 million bill in the laundry or…? AMC issued 8.5 million shares ...

Though still down 35% from a high earlier this month, the cryptocurrency market is up nearly 10% Wednesday.

Keith Gill, aka RoaringKitty, was hit with a securities-fraud lawsuit over his role in the GameStop short squeeze. Gill developed a following as he documented

retail investors banding together in online forums returned to the struggling theater chain. The world's biggest movie-theater company saw its stock price skyrocket in late January as traders in Reddit groups including r/wallstreetbets piled into highly shorted stocks. Shares soared as high as $20.36 on January 27 before plunging back to earth as the day-trader phenomenon fizzled out. Tuesday's price action suggests the crowd of casual investors is still somewhat in it. The gains placed shares at their highest in about a week. Posts on Wall Street Bets hailed AMC as a top recovery play and pr...

» The next wave of stimulus will drive another surge of retail investing in the stock market, Bank of America says The next wave of stimulus will drive another surge of retail investing in the stock market, Bank of America says Emily GraffeoFeb 17, 2021, 01:02 IST Robinhood is hugely popular among day traders, putting it at the center of the GameStop frenzyJustin Sullivan/Getty Images The next round of stimulus aid will drive another surge of retail investing, Bank of America said. BofA data shows the last two spikes in trading app downloads coincided with the receipt of stimulus checks. A...