RichTea
2021-05-28
Can hit $50 by next week?
Here's Why AMC Stock Skyrocketed Thursday
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In recent days, Reddit's traders have ramped up their promotion of AMC's stock. Hashtags including #AMCSTRONG, #AMCSqueeze, and even #AMC500k are trending on Twitter. This social media buzz has helped to fuel a sharp rally in AMC's stock price.</p>\n<p><img src=\"https://static.tigerbbs.com/9a884c6e4b811485a621300b95b56340\" tg-width=\"2000\" tg-height=\"1333\">As the price rose sharply, more people piled in. Individual investors sank over $22 million into AMC's stock on Tuesday alone, according to<i>The Wall Street Journal</i>. And on Thursday, AMC was the most actively traded stock on the New York Stock Exchange.</p>\n<p><b>Now what</b></p>\n<p>Many AMC bulls are hoping to ignite ashort squeeze. By coordinating their purchases and driving up the stock's price, they're hoping to force short-sellers to exit their positions. To do so, short-sellers must buy back the shares they sold short -- a dynamic that can accelerate a violent upward move in the price of a heavily shorted stock.</p>\n<p>Short-sellers betting against AMC have already suffered hundreds of millions of dollars of losses this week, according to Bloomberg. And with roughly 20% of AMC's float still sold short, it's possible that figure will grow much larger if the short squeeze continues any longer.</p>\n<p>However, here are some things investors may want to consider. The #AMC500k hashtag on Twitter is being used to promote the idea that AMC's stock price could soar all the way to $500,000 per share, up from $26.52 Thursday. If that were to occur, with its over 490 million shares outstanding, AMC's market capitalization would be about $245<i>trillion</i>.Thursday</p>\n<p>That might be a wee bit high for a struggling movie theater chain, particularly since the total market cap of all U.S. public companies is roughly $50 trillion.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why AMC Stock Skyrocketed Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why AMC Stock Skyrocketed Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 09:18 GMT+8 <a href=https://www.fool.com/investing/2021/05/27/heres-why-amc-stock-skyrocketed-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of AMC Entertainment(NYSE:AMC)soared on Thursday, as traders on Reddit,Twitter(NYSE:TWTR), and other social media sites encouraged people to buy the popular meme stock.\nBy the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/27/heres-why-amc-stock-skyrocketed-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/05/27/heres-why-amc-stock-skyrocketed-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158850250","content_text":"What happened\nShares of AMC Entertainment(NYSE:AMC)soared on Thursday, as traders on Reddit,Twitter(NYSE:TWTR), and other social media sites encouraged people to buy the popular meme stock.\nBy the close of trading, AMC's share price was up more than 35% after rising as much as 52% earlier in the day.\nSo what\nAMC is one of the most talked-about stocks on the 10 million member-strong Reddit group, WallStreetBets. In recent days, Reddit's traders have ramped up their promotion of AMC's stock. Hashtags including #AMCSTRONG, #AMCSqueeze, and even #AMC500k are trending on Twitter. This social media buzz has helped to fuel a sharp rally in AMC's stock price.\nAs the price rose sharply, more people piled in. Individual investors sank over $22 million into AMC's stock on Tuesday alone, according toThe Wall Street Journal. And on Thursday, AMC was the most actively traded stock on the New York Stock Exchange.\nNow what\nMany AMC bulls are hoping to ignite ashort squeeze. By coordinating their purchases and driving up the stock's price, they're hoping to force short-sellers to exit their positions. To do so, short-sellers must buy back the shares they sold short -- a dynamic that can accelerate a violent upward move in the price of a heavily shorted stock.\nShort-sellers betting against AMC have already suffered hundreds of millions of dollars of losses this week, according to Bloomberg. And with roughly 20% of AMC's float still sold short, it's possible that figure will grow much larger if the short squeeze continues any longer.\nHowever, here are some things investors may want to consider. The #AMC500k hashtag on Twitter is being used to promote the idea that AMC's stock price could soar all the way to $500,000 per share, up from $26.52 Thursday. If that were to occur, with its over 490 million shares outstanding, AMC's market capitalization would be about $245trillion.Thursday\nThat might be a wee bit high for a struggling movie theater chain, particularly since the total market cap of all U.S. public companies is roughly $50 trillion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":20,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/135402929"}
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