Roaring Kitty's online presence boosts AMC and GameStop stock, helping with debt payments.

From CNBC: 2024-05-14 16:05:33

AMC Entertainment and GameStop stocks surged after “Roaring Kitty” posted online for the first time in three years, doubling AMC shares to over $6. CEO Adam Aron aims to reduce AMC’s $4.6 billion debt, with $2.96 billion due in 2026. AMC raised $250 million in stock sale as meme stock craze returned.



Read more at CNBC: Roaring Kitty meme stock rally may help with debt payments