Meme Stocks Gyrate After AMC Files to Sell More Shares

  • 📰 WSJ
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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?

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks manage modest gains overall; AMC nearly doublesWall Street wrapped up another wobbly day of trading Wednesday with modest gains for the major stock indexes, as energy and technology companies kept losses elsewhere in the market in check. 🅰️Ⓜ️🌜🚀🚀🚀🦍🦍🦍💎🙌💎 amcstock AMCSqueeze AMC500k AMCSTRONG
Source: latimes - 🏆 11. / 82 Read more »

Shares of retail favorite AMC nearly double, company woos investors with free popcornShares of retail investor favorite AMC Entertainment Holdings Inc (AMC.N) nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has captivated investors. AMC 🚀🚀🚀🚀🚀🚀 thanks
Source: Reuters - 🏆 2. / 97 Read more »