AMC Theatres Shares Just Plunged More Than 50%. What's Next for Stocks Roiled by Reddit?
Skip to main content AMC Theatres Shares Just Plunged More Than 50%. What's Next for Stocks Roiled by Reddit? Rebecca Rubin, provided by FacebookTwitterEmail AMC Entertainment’s shares took a steep tumble Thursday, not yet a coda to the company’s frenetic stock market activity fueled by users on Reddit, TikTok, the app Robinhood and other social media platforms. AMC’s stock was down more than 50% on Thursday afternoon, one day after it surged more than 300% and skyrocketed to $20.31 per share. Comparatively, AMC’s stock was trading at roughly $4 per share in October. It is currently ...
Source: lmtonline.com