AMC Entertainment (AMC) is one of the earliest meme stocks, the other one being GameStop (GME). AMC has been grabbing eyeballs, whether it be the initial pandemic days, subsequent market recovery, or the present slaughter on Wall Street. So let’s find out why we are talking about AMC this week. Why AMC? The top-line of the company jumped nearly four times in the recent first quarter. With 950 theatres and 10,500 screens across the world, AMC remains the biggest movie exhibitor in the U.S. and Europe, as well as globally.
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