Motley Fool
AMC’s Retail Investor Outreach Kicks Off Another Meme Stock Surge
AMC Entertainment Holdings (NYSE: AMC) stock skyrocketed 95% on Wednesday to close at roughly $62.55 per share after the company published an update for shareholders and unveiled a new outreach initiative for retail investors. CEO Adam Aron appears to be leaning into the company’s “meme stock” status and is actively trying to court retail investors. Excitement surrounding AMC Investor Connect, which offers perks including free popcorn and communication with Aron, helped drive the stock to an all-time high and its market capitalization to a record $33 billion.
