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Could Cineplex (TSX:CGX) Soar like AMC?

Image source: Getty Images AMC Entertainment (NYSE:AMC) stock has been one of the best-performing assets of 2021. Up 2,785% for the year, it has truly soared. AMC has a legion of loyal investors willing to pump it on Reddit and Twitter, which has led to it defying Wall Street’s expectations. In fact, AMC investors have caused Wall Street to experience some actual  losses. According to a  Reuters article, shorts lost $512 million in a single trading day this month. It’s been a wild ride no question about it. And it leads naturally to the question, “Could another movie theatre stock be next?”

AMC Entertainment vs Cineplex (TSX:CGX): Which Is Better?

AMC Entertainment vs Cineplex (TSX:CGX): Which Is Better?
fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.

meme stocks: Wall Street CEOs and investors grapple with a meme-stock new normal

By Bailey Lipschultz As the first half of 2021 draws to a close, it’s clear that the mania surrounding so-called meme stocks isn’t going away anytime soon. Rather, its influence on the market is evolving and presenting challenges for both corporate executives and investors alike. For leaders of companies on the receiving end of the Reddit-pump treatment, decisions must be made about whether to capitalize on the phenomenon with share offerings in the way AMC Entertainment Holdings Inc. did. And with fundamentals falling by the wayside, the dilemma on Wall Street is how to navigate an environment in which the fine line between speculation and investing has been obliterated.

3 Meme-Aktien, die 20 % einbrechen werden, sagt die Wall Street

3 Meme-Aktien, die 20 % einbrechen werden, sagt die Wall Street
wallstreet-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wallstreet-online.de Daily Mail and Mail on Sunday newspapers.

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