Source: JJava Designs / Shutterstock Last week, Amazon (NASDAQ:AMZN) announced that it would spend $1 billion per year on theatrical movie releases, sending movie theater names like AMC Entertainment (NYSE:AMC) stock higher. This news comes as the industry attempts to return to pre-pandemic levels of theatrical releases. This year, there were about “one-third fewer wide…

Movie stocks are on the move today as investors celebrate a positive month for the market despite concerns over the pandemic. Source: Zoriana Zaitseva / Shutterstock.com The big news here is that movie ticket sales during October were $637.9 million. That’s worth celebrating as it’s the highest domestic box office performance for any month in…

Heading into the earnings season for the third quarter, you’d be forgiven for having an ominous feeling about the incoming proceedings. While there were plenty of stocks worth buying early in this year due to game-changing narratives such as the novel coronavirus vaccine rollout, they’re old news now. Now, the markets are forward looking. Moreover,…

When Robinhood (NASDAQ:HOOD) suddenly restricted GameStop (NYSE:GME) trading on January 28, investors were rightfully livid. It seemed as though the trading app had single-handedly halted GME’s rise, snapping the intense momentum Reddit traders had worked to build. As a result, thousands of trades ended up losing money. Source: mundissima / Shutterstock.com What goes around comes…

Over the last few weeks, there have been more than enough reasons to be skeptical about the record-breaking run in equities. Recently, I’ve been harping on the ridiculous amount of speculation in the market. But even more problematic is the Covid-19 pandemic. Just when you thought the crisis was fading into the rearview mirror, cases…

AMC Entertainment (NYSE:AMC) stock been on a rollercoaster ride so far this year. The r/WallStreetBets community turned the investment world upside down by joining forces to bid up AMC stock, boosting the price by nearly 3,000% at one point in the year via short squeezes. These wild swings in price have in fact become a virtual showdown…

In January, it was GameStop (NYSE:GME) leading the charge at the center of the Reddit rally. Now, AMC Entertainment (NYSE:AMC) is the front man, this time leading the so-called meme stock rally. Source: viewimage / Shutterstock.com Investors are wondering how long this rally can last and whether it’s actually sustainable. I hate to stick my…

AMC Entertainment (NYSE:AMC) stock has been on a wild ride so far this year. Millions of investors on Reddit and other social media platforms joined forces to push AMC stock higher through short squeezes. Source: Helen89 / Shutterstock.com Investors are witnessing a virtual clash between retail traders and a number of established hedge funds of Wall Street,…

The epic rally in AMC Entertainment (NYSE:AMC) stock has a lot of people fatigued. And like all meme stock rallies, the latest one involving movie theatre chain AMC is likely to end in spectacular fashion. In one week, AMC stock rallied 157% higher, dropped 33% and then rose again by 25%. It’s been quite the…

Question: Who wants to be a millionaire? *Watches in dismay as a couple of people sleepily raise their hands* Revised Question: Who wants to bankrupt a hedge fund? *Runs for cover as investors start to stampede* Source: rblfmr/Shutterstock.com Early investors in AMC (NYSE:AMC) got their payday last week when the stock jumped from low double-digits…