Jun 3rd, 2021
AMC Is New King of Meme Stocks
AMC Entertainment Holdings Inc. has become the new king of the meme stocks. Retail traders are simply ignoring the company’s financial troubles and continuing to buy what is a heavily shorted stock. The stock is up nearly 3000% year to date. Bloomberg’s Juliette Saly reports on “Bloomberg Daybreak: Europe.” (Source: Bloomberg)
