Meme Stocks Gyrate After AMC Files to Sell More Shares

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The influence of online traders on the stock market showed no sign of abating with shares of AMC, BlackBerry and other “meme stocks” experiencing steep swings ahead of the opening bell Thursday

The influence of online traders on the stock market showed no sign of abating with shares of AMC Entertainment Holdings Inc., BlackBerry Ltd. and other “meme stocks” experiencing steep swings ahead of the opening bell Thursday.before dropping 9%, after the movie-theater operator filed with regulators to sell more than 11 million shares.

The firm appeared to backtrack on that stance Thursday. In a filing with the Securities and Exchange Commission detailing an agreement to sell shares, AMC said its share price may continue to experience extreme volatility that could cause losses for investors who buy the stock.since January when they fueled a buying spree in shares of small, often struggling companies such as GameStop Corp. and AMC.

 

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The crap talking journal

They will try to make us go against one another. We have to win their mind games 🦍🦍🦍 NotTheSqueeze

THESE IS A BOLD FACE LIE, the shares were filed in April. Stop trying to create FUD to slow the stock price you damn schills!!

This is FUD. The shares were sold in late April.

Weren't these shares sold back in April with the public filing taking place now?

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