Archive: AMC

AMC Illustrates Market Insanity

By Adam Sharp on May 28, 2021

The hottest stock in the world is AMC. Yes, the movie theater chain. On Wednesday it was the world’s most traded stock and made up 11% of the total volume on the New York Stock Exchange.  In March of 2021 — when the pandemic was beginning — AMC had a market cap of $166 million. Today, AMC is worth more than $15 billion.  I’m…