Previous close | 8.27 |
Open | 7.05 |
Bid | 6.65 |
Ask | 7.25 |
Strike | 37.00 |
Expiry date | 2023-01-20 |
Day's range | 6.90 - 7.21 |
Contract range | N/A |
Volume | |
Open interest | 252 |
Theme parks, streaming services, and multiplexes are hoping the next few months are lucrative, and Walt Disney (NYSE: DIS), Netflix (NASDAQ: NFLX), and AMC Entertainment Holdings (NYSE: AMC) feel that there is no time like the present. A popular series is back with a new season -- part of a new season, anyway -- on Netflix. AMC hopes that the reboot of a classic action franchise will kick off a promising summer season.
Shares of AMC Entertainment (NYSE: AMC) are rising 5% higher as of 11:05 a.m. ET on Thursday on no company-specific news, but rather in sympathy with fellow meme stock GameStop (NYSE: GME), which has been putting on a clinic of double-digit gains over several days. GameStop has been the most talked-about stock on the WallStreetBets subreddit, so that AMC is riding its coattails is not a surprise. What keeps meme stock traders animated is the hope that a massive short squeeze will send shares soaring.