AMC shares soar on ‘meme stock’ rally, price doubles in a week
NY Post
Shares of AMC Entertainment continued to soar Friday morning — even outpacing fellow so-called meme stock GameStop.
AMC was up more than 17 percent, trading at over $30 per share in the premarket, extending gains of about 35 percent from the day before. The stock has seen a dazzling rally this week that’s sent shares up more than 120 percent since Monday. The recent rally has given AMC a market cap of almost $12 billion, up from less than half a billion dollars last year. Shares are up more than 1,200 percent since January.More Related News
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