In gambling news with a local angle . . . A movie company with a local HQ enjoys another boost by way of memes and shady online trading tactics.
Check-it . . .
Today, AMC announced a new program for retail investors - one that includes free popcorn. The company has embraced its status as a meme stock, which allowed it to pay off debt from the coronavirus crisis. Meme stock goes brrrr.
The hits keep coming. Shares of AMC - the largest movie theater chain in the world - ssurged more than 120% Wednesday to a new peak above $70.
Developing . . .