Just remember that meme stocks are risky and may not follow conventional financial models/indicators. Dont play money you cannot afford to lose or if red scares you. Take care of yourself first and only play what you are willing to lose! Peace

Meme stock AMC extends rally, jumps more than 20% as theater chain sells new shares to an investor

Shares of AMC Entertainment surged again Tuesday after the theater chain sold more than 8 million shares to an investment firm, the latest in a series of capital raises for the struggling company turned meme stock.AMC said in a securities filing that it raised $230.5 million through a stock sale to Mudrick Capital Management. The theater company said it would use the funds for potential acquisitions, upgrading its theaters and deleveraging its balance sheet.Shares were up 22.6% when the market c
Meme stock AMC extends rally, jumps more than 20% as theater chain sells new shares to an investor

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