Why AMC and Torchlight Energy Stocks Popped Today -- but Petco Stock Dropped
Shares of AMC Entertainment (NYSE: AMC) and especially Torchlight Energy (NASDAQ: TRCH) are going "to the moon" today, having risen 11% and 44% (!) respectively in 11 a.m. EDT trading. In contrast, it looks as if Petco Health and Wellness (NASDAQ: WOOF) stock is in the doghouse -- down 8.4%.
Yes, dear investor, you guessed it: Reddit is in effect again.
Image source: Getty Images.
Source Fool.com
