AMC stock rises toward longest win streak in 3 months

Shares of AMC Entertainment Holdings Inc.
AMC,
+0.54%

rose 1.1% in premarket trading Wednesday, to put them on track for the longest win streak in three months. The movie theater operator’s stock has run up 17.8% over the past four sessions, and a gain on Wednesday would be the fifth straight, which would be the longest such stretch since the 8-day win streak ended May 18. Meanwhile, shares of fellow meme stock GameStop Corp.
GME,
-1.69%

edged up 0.9% ahead of the open, after slipping 0.2% on Tuesday to snap a 3-day win streak. AMC’s stock has soared 164.9% over the past three months through Tuesday, while GameStop shares have declined 9.5% and the S&P 500
SPX,
-0.04%

has gained 7.8%.

Roy Walsh

Roy Walsh

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