The AMC Empire 25, in Times Square, New York City, on Mar. 5, 2021. (Angela Weiss/AFP via Getty Images) Shares of meme traders’ stock favorites, including AMC Entertainment Holdings and Bed Bath & Beyond , cratered during Monday’s trading session.
The struggling theater chain plummeted as much as 38 percent, to around $11 a share, while the retailer fell nearly 12 percent, to under $10.
These stocks had enjoyed significant gains until late last week. Bed Bath & Beyond had soared more than 280 percent since July before the intense selloff. AMC shares had climbed about 78 percent since the end […]
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