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AMC stock keeps rising, as meme-stock resurgence remains intact

amc stock keeps rising as meme stock resurgence remains intact

Shares of AMC Entertainment Holdings Inc. AMC, -4.01% and Bed Bath & Beyond Inc. BBBY, +21.83% climbed toward a third-straight gain in premarket trading Friday, to suggest the recent meme-stock resurgence remains intact. The stocks had snapped long win streaks earlier this week, with Bed Bath & Beyond’s 14% drop ending the longest stretch of gains seen in 15 years and AMC falling 6.3% to snap end the longest streak in more than a year, but the rallies resumed the next day. Ahead of Friday’s open, AMC shares rose 3.1% toward a 4 1/2-month high, after climbing 13.4% the past two days, and Bed Bath & Beyond’s stock hiked up 2.4% after gaining 8.6% the past two days. GameStop Corp.’s stock GME, +3.27% tacked on 0.9%, after falling 2.7% on Thursday.

Source: Marketwatch

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