Finance
AMC Became the People’s Stock by Not Being a GameStop Remake
On its way to the moon, the movie theater chain raised cash—something the video game company didn’t. But meme-driven retail investors are still taking a big risk.
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In a TikTok video with nearly a million likes, a cocky young guy walks into an AMC theater wearing a white, backwards ball cap. An attendant asks him if he needs anything. “I’m just making sure the theaters are running smoothly,” says ball cap guy.
The cashier does a double take. “Do you work here?”