Shares in top exhibitor AMC Entertainment roared back up 53% on heavy trading volume as a frenzy of bets by individual traders who band together online closed out a week of havoc on Wall Street.The upswing left AMC stock at $13.19 heading into the weekend, nearly triple where it was a week ago.
It erased Thursday’s declines of a roster of heavily shorted companies led by retailer GameStop, after several online brokers put curbs on trading.As the financial system looked for remedies — and some investors filed class-action lawsuits against online firms like Robinhood for blocking trades — AMC was mulling its options.
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