Here’s Why Amc’s Stock Surge Is Different Than Gamestop

by cnbc.com posted 2weeks ago 10 views
The wild trading in AMC Entertainment is giving investors flashbacks of the GameStop saga earlier this year that blew up hedge funds and caused turmoil on Wall Street. However, the recent frenzy doesn't appear to have the same force behind it and likely won't trigger the same ripple effects. So far, there have been no signs of liquidity issues at any hedge fund or brokerage firm amid the massive rally in AMC driven by meme-obsessed retail traders.

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