Why AMC Entertainment Stock Finished Higher Today
Shares of AMC Entertainment (NYSE: AMC) were gaining on Friday even though there was no company-specific news on the world's largest movie theater company. Instead, shares seemed to gain on President-elect Joe Biden's relief package announcement last night. It's also possible some investors see parallels between AMC and GameStop (NYSE: GME), which has surged in recent days.
AMC stock finished the day up 6.9%.
Image source: Getty Images.
Source Fool.com
