Why is AMC stock surging again? Here’s what to know

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Why is AMC stock surging again? Here’s what to know
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Meme stocks such as AMC and Gamestop soared over the past week, mirroring to an extent what took place last year

are often companies that have been struggling in the stock market until some celebrity or retail trader decides to pour money into it. Then, the stocks go up simply because everyone else is buying them.

Case in point, Gamestop shares opened 11% higher than average last Wednesday after chairman Ryan CohenOur journalism needs your support. Please subscribe today to

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