AMC stock rally started last week after retail sentiment increase. The stock was trading around the $33 – $36 Range and saw a massive increase after retail volume pile up. According to the various of social media platforms, AMC’s short squeeze is still possible as retail investors are fighting against the short sellers.
The AMC stock is trading -2% pre-market today and slightly uptrend in volume. The retail sentiment is still increasing across social platforms such as Reddit and TikTok.
AMC is trading around $47 today.