Also Read: AMC Theatres Has Raised $917 Million to Weather 'Dark Coronavirus-Impacted Winter'The push higher for AMC’s stock has also been spurred on by the company becoming a popular “meme stock” on the Wall Street Bets Reddit forum, where investors are betting on companies like AMC that have been heavily shorted, or bet against, by large hedge funds. (The gaming retailer GameStop, which has seen its share price soar from about $20 per share earlier this month to $300 on Wednesday morning, is the best example of Wall Street Bets throwing its collective might behind a company and sending its share price higher.)“AMC halted 4 times,” one user posted on Wednesday morning. “This stock is all over the place.
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