Why AMC Entertainment Stock Is Rising 8% Today
Shares of AMC Entertainment Holdings (NYSE: AMC) were rising almost 8% in morning trading Wednesday as meme stock support propelled the movie theater operator higher.
Bed Bath & Beyond (NASDAQ: BBBY), one of the original meme stocks from earlier this year, surged 27% at the market open after a series of partnerships suggested the home goods retailer might actually be a solid long-term pick. That seems to have ignited renewed interest in other meme stocks, including AMC.
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Source Fool.com
