What is AMCDay? AMCDay appears to be a trend that was launched a month ago but was gaining traction on Monday. It was the third-most popular trend on Twitter on Monday, presumably helping give a fresh catalyst to the popular meme stock.
Shares of movie-theater chain AMC Entertainment Holdings Inc. were aloft to start another week, with the company’s stock sharply higher amid a social-media campaign to push it toward $60 a share.
Shares of AMC AMC, +15.38% have climbed 2,659% so far in 2021 as individual investors on social-media sites like Reddit and Discord have come together to help drive up values and hurt investors who are betting heavily on a return to Earth for it and other meme stocks, such as GameStop Corp. GME, -1.67%
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