View source for AMC Stock Prices Saw A Rollercoaster Thursday Dropping From Record Highs As The Beleaguered Theater Chain Warned Investors They d Be Better Off Staying Away And As Other So-called meme Stocks Continue Their Volatile Runs

AMC stock prices saw a rollercoaster Thursday, dropping from record highs as the beleaguered theater chain warned investors they'd be better off staying away, and as other so-called 'meme stocks' continue their volatile runs.<br>It came a day after AMC shares almost doubled on Wednesday as amateur traders pushed stock to record highs and forced trading to be [https://www.business-opportunities.biz/?s=suspended suspended] four times. <br>Shares of AMC finished the day Thursday at $51.34, down 18% from Wednesday. <br>Earlier in the trading session shares had dropped by as much as 40%. <br>It is the latest example of a bubble-and-bust around so called 'meme stocks', which are companies popular with a new generation of social media centric traders who organize on Reddit's WallStreetBets and other online forums.<br>Acknowledging that volatility, in a filing with the Securities and Exchange Commission the company acknowledged that the up-and-down trading dynamics were unrelated [https://tranhtangkhaitruongcongty.weebly.com/ Calligraphic paintings to celebrate opening] AMC's underlying business and issued a warning to potential buyers.   <br>'Under the circumstances, we caution you against investing in our Class A common stock,  Gifts for customers on [https://tranhtangkhaitruongcongty.weebly.com/ Opening what to give] day unless you are prepared to incur the risk of losing all or a substantial portion of your investment,' the company said.  <br>         The stratospheric rise in AMC's stock prices seemed to come to an end on Thursday, when the company finished the day at $51.34,  Gifts for customers on [https://tranhtangkhaitruongcongty.weebly.com/ Opening what to give] day down 18% from the previous day <br>   RELATED ARTICLES               Share this article Share   <div class="art-ins mol-factbox floatRHS news" data-version="2" id="mol-6a3b66f0-c4d8-11eb-a847-b18b7bd45c2d" website shares fall, but other &apos;meme stocks&apos; continue to rise