AMC Entertainment Holdings Inc (AMC) is considered a "professional meme stock" by Jim Cramer.
Jim Cramer recently discussed AMC Entertainment Holdings Inc (NYSE: AMC), a popular ‘meme stock’ known for its retail-institutional investor tug-of-war. The stock lost 26% YTD but saw a 24% gain in May due to a strong Memorial Day weekend. Cramer highlighted AMC as a “professional meme stock.” He warned against its high debt levels earlier this year.
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Read more at Yahoo Finance: AMC Entertainment Holdings Inc (AMC) Is “A Professional Meme Stock,” Says Jim Cramer