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The jump was its biggest since May as the stock revisited its days as huge chatroom favorite. Volatility is a hallmark of meme stocks with others like Bed Bath & GameStop also higher. “Some days the shorts have control, and some days the retail investors have control,” said one Wall Streeter. AMC ended the session off its highs but still up more than 13% at $8.18. The broader Dow Jones Industrial Average dipped 195 points and the Russell 2000 was down as well. Among other exhibitors, Cinemark was up 1.25% at $13.78; Marcus firmed slightly to $16.31; Imax was off 0.65% at $16.78.
Source: News Formal (newsformal.com)
It's cinema.
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