Meme stock craze reaches new heights as AMC keeps surging


(Bloomberg) -- "AMC to the Moon” posters are popping up at street corners and pool parties in the U.S. in yet another sign of the retail frenzy over meme stocks.

After a reality-defying surge on Wednesday, the stock is skyrocketing once again. The shares added 20% to US$74.85 in U.S. pre-market trading. AMC now has a market value of more than US$30 billion, making it bigger than at least half of the companies in the S&P 500 Index.

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AMC , meme stock frenzy

   

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