Analysts revise AMC stock price target amid short squeeze
AMCAMC(US:AMC) Finbold·2024-05-14 12:14

Although all attention has gone to GameStop (NYSE: GME) stock and its rapid surge, another meme stock has posted even more significant daily gains above 78% – AMC Entertainment (NYSE: AMC).Its surge has been attributed to a market-wide surge in meme stocks, with gains of 68.59% extending into the pre-market and moving AMC share price above the $9 threshold.AMC stock 30-day price chart. Source: FinboldWhether this rally will gain the strength of the meme frenzy back in 2021 remains to be seen in the upcoming ...

Analysts revise AMC stock price target amid short squeeze - Reportify