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Local AMC shareholders 'along for the ride' as Leawood-based company becomes 'meme stock' yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
AMC Entertainment Holdings stock has shot up more than 110% in just the last one week (five trading days) and is currently trading at $26 per share. AMC Entertainment Holdings – the biggest movie theater chain – has the largest share of the U.S. theater market, ahead of Regal and Cinemark Holdings.. ....
The combination AMC selling a lot of shares to ensure its survival, with a stock that has been driven much higher, creates a situation where the elevator that took the stock up could easily see a return trip down. ....