AMC Entertainment (NYSE:AMC) shares are trading higher Monday. The stock has been increasingly volatile following interest from retail investors, this is due in part of the subReddit /wallstreetbets. Ever since they Mentioned GME they have been rallying up a massive following and taking back from the hedge funds.
AMC Entertainment is involved in the theatrical exhibition business. It owns, operates or has interests in theatres located in the United States and Europe. It provides best-in-class amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, premium presentation.
AMC Entertainment shares were trading up 6% at $17.00 The stock has a 52-week high of $20.36 and a 52-week low of $1.91.
I do have a small position and will hold till Thursday if anything just to see if the power is indeed really shifting.
Let’s pump all our bags!!
Posted Using LeoFinance Beta