HomeInvestingEarningsOutlook For Meme Stocks: AMC, GME
Outlook For Meme Stocks: AMC, GME

"AMC Entertainment Holdings (AMC) has run several Tesla-esque plays to prop up its stock. The company’s CEO recently tweeted that the company is 'playing on offense again' with its investment in a microcap gold mine. Before gold mines, the company got on the crypto bandwagon in 2021 by accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin," says David Trainer. Are meme stocks like GME and AMC dangerously overvalued? "AMC is a revenue-driven business that needs seats to be filled," says Greg Portell.

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10 May 2022

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