Previous close | 5.55 |
Open | 5.25 |
Bid | 5.10 |
Ask | 5.35 |
Strike | 14.00 |
Expiry date | 2022-12-16 |
Day's range | 5.20 - 5.25 |
Contract range | N/A |
Volume | |
Open interest | 369 |
Meme stock investors are learning that hype alone can't keep a stock at stratospheric levels forever.
Returning to profitability and using the proceeds to pay down debt could boost investor confidence in AMC.
Shares of AMC Entertainment (NYSE: AMC) were rising 5.5% higher at 10:57 a.m. Wednesday on no company-specific news. It comes after Disney's latest entry in the Toy Story franchise -- Lightyear -- failed to live up to expectations. A Wall Street analyst also lowered his price target on the stock yesterday, saying rampant inflation and rising gas prices were altering consumer spending priorities.