AMC’s stock rallies more than 11%, on pace for biggest gain since August

February 6, 2024

Shares of AMC Entertainment Holdings rallied 11.6% Tuesday, putting the stock on pace for its biggest daily percentage gain since August.

AMC’s
AMC,
+10.90%
stock hit an all-time intraday low of $3.60 Monday and also registered a record closing low of $3.67, the latest in a series of record lows. This was a sharp contrast with the heady days of the meme-stock frenzy, during which AMC shares surged to an all-time closing high of $339.05 on June 2, 2021, according to Dow Jones Market Data.

Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…