AMC Entertainment is one of today's most prominent retail investors. AMC has attempted to withstand the pressure by raising funds and capitalising on retail interest during last year's meme stock rally. Today, investors appear to be bullish on this move. It's encouraging to see AMC's management team doing everything possible to maximise shareholder value. Today's stock price increase appears to reflect this investor sentiment.
I'm still holding some AMC stocks, I sold APE in one go earlier time, but it's now increasing in price after I sold it, which makes me a little sad. Certainly, I hope history repeats itself in 2023, and hope that all stocks continue to rise in value.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more