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In the first three months of 2023, quite a number of large institutions bought shares of BlackBerry (NYSE:BB) stock, according to recent SEC filings compiled by Fintel. ....
Skip to main content AMC Theatres Shares Just Plunged More Than 50%. What s Next for Stocks Roiled by Reddit? Rebecca Rubin, provided by FacebookTwitterEmail AMC Entertainment’s shares took a steep tumble Thursday, not yet a coda to the company’s frenetic stock market activity fueled by users on Reddit, TikTok, the app Robinhood and other social media platforms. AMC’s stock was down more than 50% on Thursday afternoon, one day after it surged more than 300% and skyrocketed to $20.31 per share. Comparatively, AMC’s stock was trading at roughly $4 per share in October. It is currently hovering at $10 and change. The company hadn’t seen these levels of optimism in over a year, particularly due to the pandemic’s impact on the theater business. It’s still unclear when the public will feel comfortable returning to the movies and AMC can again start selling ticket stubs. The saga around AMC Entertainment and other stocks, such as GameStop and American A ....