Meme Traders Again Try to Push AMC Entertainment to the Moon
- GameStop, Express soar after Robinhood’s options update
- #AMCSqueeze trends on Twitter while Reddit users pump stock
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AMC Entertainment Holdings Inc. rallied for a fifth straight day as retail investors flood chatrooms and social-media platforms trying again to pump up the movie theater’s shares.
#AMCSqueeze trended on Twitter, and Reddit users cheered each other’s diamond hands for continuing to pile into the company, which, alongside GameStop Corp., became the face of meme stocks in January.