AMC sees rollercoaster on Wall Street after becoming “meme stock”

Global Business

AMC Entertainment’s share price has been on a wild ride in recent weeks as meme stocks have made a comeback on Wall Street.

While GameStop made the bulk of the headlines earlier this year, AMC is now trading more than 1000 percent higher than it was five months ago.

And the U.S. cinema chain is giving back to the retail investors that have fueled its recent meteoric market rally.

CGTN’s William Denselow reports.