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Moviegoers at an AMC theater waiting for a showing of the last Fast & Furious movie (photo via author).
Crypto Crabs While AMC Skyrockets
A point we made last week (AMC: Return Of The Meme Stock), was that the insane rally in crypto this year siphoned some of the speculative fervor from meme stocks, so a sideways market in crypto benefits those stocks. Since we wrote that, the largest cryptocurrencies have continued to cooperate as
AMC Entertainment Holdings (NYSE: AMC) has rocketed higher.
A Top Name From Last Month
As we mentioned last week, AMC was one of our top ten names on April 1st.