The meme-mania is back for now, with several favorites from 2021 moving higher over the last several days.
Last month on May 13, AMC stock jumped 78% in a single session, then roared another 32% the next day and hit as high as 11.88. Gamestop shares have been extra-volatile since then, to say the least, as this new IBD story highlights. Meanwhile, AMC stock continues on a rollercoaster ride.
Keith Gill, the “Roaring Kitty” meme stock investor, revealed in a Reddit post on Sunday that he had bought nearly $116 million worth of GameStop stock.