Why AMC Entertainment Stock Was Popping Today

·2 min read

Shares of AMC Entertainment Holdings (NYSE: AMC) were climbing today as meme stocks came back into vogue. Traders on Reddit's WallStreetBets (WSB) once again piled into meme stocks including Bed Bath & Beyond, GameStop, and AMC Entertainment, trying to execute a short squeeze. AMC had been a big winner in the original rally that started January 2021, rising more than 2,000% at one point.