AMC Entertainment Loves Being a Meme Stock. Here’s How We Know.

Barrons2021-06-02

AMC Entertainment‘s chief executive is leaning in to the theater firm’s cultlike status among social media retail investors. On Wednesday, CEO Adam Aron announced on Twitter a new rewards program for ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

jokoh
2021-06-03
jokoh
Great
OWYONG
2021-06-03
OWYONG
To the promised land.....
AllOrNuttin
2021-06-03
AllOrNuttin
Mooning
- OWYONG:
  everyone on board
TNewbie
2021-06-03
TNewbie
Clever
Kentlieu
2021-06-03
Kentlieu
Meme stocks crazy night
Kuanwei
2021-06-03
Kuanwei
Behaving like crypto
- Whateverrr:
  Cool! Crypto loves you!
- Nienz:
  Commented!
- Nienz:
  Cool!
- Kuanwei:
  comment

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1169651707?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-02 22:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1169651707","market":"us","top_or_hot":-1,"title":"AMC Entertainment Loves Being a Meme Stock. Here’s How We Know.","media":"Barrons","content":"<div>\n<p>AMC Entertainment‘s chief executive is leaning in to the theater firm’s cultlike status among social media retail investors. On Wednesday, CEO Adam Aron announced on Twitter a new rewards program for ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-entertainment-meme-stock-51622644690?mod=hp_LATEST\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Entertainment Loves Being a Meme Stock. Here’s How We Know.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Entertainment Loves Being a Meme Stock. Here’s How We Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 22:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-entertainment-meme-stock-51622644690?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment‘s chief executive is leaning in to the theater firm’s cultlike status among social media retail investors. On Wednesday, CEO Adam Aron announced on Twitter a new rewards program for ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-entertainment-meme-stock-51622644690?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMC","symbol_name":"AMC院线","start_time":0,"source_url":"https://www.barrons.com/articles/amc-entertainment-meme-stock-51622644690?mod=hp_LATEST","article_id":"1169651707","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1169651707","pubTimestamp":1622645074,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"AMC Entertainment‘s chief executive is leaning in to the theater firm’s cultlike status among social","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMC":"AMC院线"},"translate_title":"AMC院线喜欢做一个迷因股票。我们是这么知道的。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":0.9},"content_text":"AMC Entertainment‘s chief executive is leaning in to the theater firm’s cultlike status among social media retail investors. On Wednesday, CEO Adam Aron announced on Twitter a new rewards program for AMC‘s millions of stockholders, AMC Investor Connect.\nThe program is free for stockholders, and links up with the AMC Stubs Insider rewards program. Aron said on Twitter that the effort is meant to communicate often with shareholders. It will offer special rewards, starting with a free large popcorn. It isn’t exactly a new phenomenon—companies owned by Warren Buffett’s Berkshire Hathaway (ticker: BRK.A) have offered perks for shareholders in the past—but this effort follows a surge in social media sentiment in support of AMC.\nAMC stock (AMC) surged another 19% to $40.29 Wednesday morning—which would be its first record close since March 23, 2015, according to Dow Jones Market Data.  The stock is up 233% in the past seven trading days, leading a broader resurgence in such highly-shorted social media darlings.\nSupply and demand factors like short interest and options trading activity have colored the moves in meme stocks like AMC and GameStop(GME) this year. Though the moves may not be based on company fundamentals, AMC has cashed in on its rise by selling millions of shares. That has provided some hope that the chain can last long enough to benefit from a wave of consolidation in movie theaters.\nDuring last month’s earnings call, Aron embraced the company’s social media fans. He announced he would match a $50,000 donation from AMC to the Dian Fossey Gorilla Fund—a charity popular on the WallStreetBets Reddit forum. The Reddit posters call themselves “apes,” posting memes and GIFs—like a scene in Rise of the Planet of the Apes where Andy Serkis’s character signs the phrase “Apes together: Strong,” a reference to the newly found collective power of retail investors in the stock market.\nAron’s direct appeals to Reddit users is notable. In contrast, Ryan Cohen, the large GameStop investor and soon-to-be chairman of the company’s board, has mostly stuck to cryptic Twitter posts that are open to interpretation. That, however, hasn’t stopped some GameStop fans from predicting major news events based on frog emojis and GIFs from adult cartoons.\nOn the AMCStock Reddit thread discussing the news, some commenters didn’t want to take money away from AMC by taking free popcorn. User Rickblood23 offered a solution: “Get the free popcorn and with that money buy chicken tendies,” they wrote. “Support the company and send a message.”","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":111696863,"gmtCreate":1622677973652,"gmtModify":1704188619634,"author":{"id":"3576049485226505","authorId":"3576049485226505","name":"jokoh","avatar":"https://static.tigerbbs.com/00e51bdb1f2181401750161f8e12b81e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576049485226505","authorIdStr":"3576049485226505"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111696863","repostId":1169651707,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":111690854,"gmtCreate":1622677804878,"gmtModify":1704188612680,"author":{"id":"3580123886907382","authorId":"3580123886907382","name":"OWYONG","avatar":"https://static.tigerbbs.com/e7740ceb2f12052f71b2b1260d80fdc0","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3580123886907382","authorIdStr":"3580123886907382"},"htmlText":"To the promised land.....&nbsp;","listText":"To the promised land.....&nbsp;","text":"To the promised land.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111690854","repostId":1169651707,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":111865320,"gmtCreate":1622675827160,"gmtModify":1704188536175,"author":{"id":"3575371864187313","authorId":"3575371864187313","name":"AllOrNuttin","avatar":"https://static.tigerbbs.com/0b739c777774870ea98e0712896b3645","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575371864187313","authorIdStr":"3575371864187313"},"htmlText":"Mooning","listText":"Mooning","text":"Mooning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/111865320","repostId":1169651707,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4552868,"gmtCreate":1622677861603,"gmtModify":1663227828942,"authorId":3580123886907382,"author":{"id":3580123886907382,"idStr":"3580123886907382","authorId":3580123886907382,"name":"OWYONG","avatar":"https://static.tigerbbs.com/e7740ceb2f12052f71b2b1260d80fdc0","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":111865320,"type":1,"supId":0,"prevId":0,"content":"everyone on board","text":"everyone on board","html":"everyone on board"}],"langContent":"EN"},{"id":111881781,"gmtCreate":1622675304043,"gmtModify":1704188517398,"author":{"id":"3584605445020895","authorId":"3584605445020895","name":"TNewbie","avatar":"https://static.tigerbbs.com/ca44d4173d09e7984437e8e20b69ca1f","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3584605445020895","authorIdStr":"3584605445020895"},"htmlText":"Clever","listText":"Clever","text":"Clever","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111881781","repostId":1169651707,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":111883399,"gmtCreate":1622675213711,"gmtModify":1704188515438,"author":{"id":"3570093481697004","authorId":"3570093481697004","name":"Kentlieu","avatar":"https://static.tigerbbs.com/ae3ee305e39da5ce2f99805f9a422c93","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3570093481697004","authorIdStr":"3570093481697004"},"htmlText":"Meme stocks crazy night&nbsp;","listText":"Meme stocks crazy night&nbsp;","text":"Meme stocks crazy night","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111883399","repostId":1169651707,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":111811390,"gmtCreate":1622674913710,"gmtModify":1704188501862,"author":{"id":"3579218549390865","authorId":"3579218549390865","name":"Kuanwei","avatar":"https://static.tigerbbs.com/3bb5e84584fb23570d011d4f0733fc6e","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"3579218549390865","authorIdStr":"3579218549390865"},"htmlText":"Behaving like crypto&nbsp;","listText":"Behaving like crypto&nbsp;","text":"Behaving like crypto","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/111811390","repostId":1169651707,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4559325,"gmtCreate":1622702277583,"gmtModify":1663227863043,"authorId":3575089959457206,"author":{"id":3575089959457206,"idStr":"3575089959457206","authorId":3575089959457206,"name":"Whateverrr","avatar":"https://static.tigerbbs.com/4ae8e0be52e3982e271587ff7f4f9c54","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":111811390,"type":1,"supId":0,"prevId":0,"content":"Cool! Crypto loves you!","text":"Cool! Crypto loves you!","html":"Cool! Crypto loves you!"},{"id":4558487,"gmtCreate":1622696864074,"gmtModify":1663227853532,"authorId":3550144882339071,"author":{"id":3550144882339071,"idStr":"3550144882339071","authorId":3550144882339071,"name":"Nienz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":111811390,"type":1,"supId":4551849,"prevId":0,"content":"Commented! ","text":"Commented! ","html":"Commented! "},{"id":4558486,"gmtCreate":1622696857605,"gmtModify":1663227853432,"authorId":3550144882339071,"author":{"id":3550144882339071,"idStr":"3550144882339071","authorId":3550144882339071,"name":"Nienz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":111811390,"type":1,"supId":0,"prevId":0,"content":"Cool!","text":"Cool!","html":"Cool!"},{"id":4551849,"gmtCreate":1622674963779,"gmtModify":1663227824137,"authorId":3579218549390865,"author":{"id":3579218549390865,"idStr":"3579218549390865","authorId":3579218549390865,"name":"Kuanwei","avatar":"https://static.tigerbbs.com/3bb5e84584fb23570d011d4f0733fc6e","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":111811390,"type":1,"supId":0,"prevId":0,"content":"comment","text":"comment","html":"comment"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":57,"commentSize":19,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1169651707"}