What caused AMC stock to spike?
The movie theater chain, which narrowly avoided bankruptcy last January, was the beneficiary of a flurry of new retail investors who helped the company secure much-needed capital. These ardent fans led a campaign that bolstered AMC's shares to an all-time high of $72.62 in June.
Will AMC stock go up 2021?
The price looks set to end six weeks of price deterioration, as the AMC stock price is up 6.64% as at market open on 1 February. This uptick has come off a bounce on the 14.81 price support (15 March 2021 and 17 May 2021 highs).
Will AMC short squeeze happen?
It's unlikely that AMC stock will squeeze at such an aggressive pace this time around because retail stock market trading activity is much longer in 2022 when compared to last year.
How high will AMC go 2022?
AMC stock price stood at $11.48YearMid-YearTod/End,%2022$12.00+22%2023$18.17+94%2024$25.63+157%2025$33.26+206%8 more rows