Why Meme Stocks AMC, GameStop, and Tonix Rocketed Higher Today

Meme stock investors had a satisfying Monday, with three of the top names in that rather loosely defined group -- AMC Entertainment (NYSE: AMC), GameStop (NYSE: GME), and Tonix Pharmaceuticals (NASDAQ: TNXP) -- all convincingly beating the S&P 500 index's gain.

The trio closed the day higher by, respectively, 6.9%, 3.5%, and 4.2%.

Image source: Getty Images.

Continue reading

Source Fool.com