AMC Entertainment has lost two-thirds of its value in less than a year’s time, and yet it remains one of the most consistently popular tickers to trade, with tens of millions of shares trading every single weekday.
AMC Entertainment (AMC) has lost two-thirds of its value in less than a year’s time, and yet it remains one of the most consistently popular tickers to trade, with tens of millions of shares trading every single weekday. I’ve never understood the appeal of a company which is technically insolvent and has such a grim future, but the /WallStreetBets crowd is weird, man.
Here’s the wild ride it’s been on over the past eight years.
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