It's Game Over for AMC, but These Stocks Can Still Go to the Moon
When 2021 comes to a close, it'll undoubtedly be remembered for the way retail investors made their presence known on Wall Street. Despite putting their money to work in equities for more than a century, retail investors moved stock prices like never before.
The handful of companies these retail folks have piled into have come to be known as the "meme stocks" -- essentially, companies valued more for the hype they create on social media than their operating performance. At the top of the list for most meme investors is movie theater chain AMC Entertainment (NYSE: AMC), which until this past week was the top-performing stock on a year-to-date basis.
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Source Fool.com
