(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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!