Reported about 7 hours ago
AMC Entertainment's shares increased by 5% amid a surge in interest from traders in meme stocks, despite a recent decline from 2024 highs. The company's positive second-quarter results, showcasing revenue growth and a reduced loss, contributed to this uptick. While other meme stocks showed mixed movements, the overall market sentiment indicates that investors are still searching for thrilling opportunities despite conversations surrounding earnings and policy.
Source: INVESTOPEDIA