AMC Stock has been on massive run ever since the Q2 earnings. AMC Stock is up around 64% over the last week and doesn’t seem to have any signs of slowing down. The stock had so much volume and buyers that the stock was even halted early in the morning due to volatility.
The Buy Button of AMC Stock has been turned off multiple times before. A few months ago, AMC stock was halted another time. It seems that every single time AMC Stock gets the buying pressure it needs to take off, the NYSE halts the stock which pushes it back below until the next run.
AMC Stock was halted on 8/8/22 when it reached $25.95 per share. This up almost $4 per share and 17% which is a major move from the last close on Friday.
AMC Stock had quite a whirlwind of a trading week last week, which was kicked off after the massive earnings catalyst.
AMC Stock’s new Dividend $APE announcement has the entire shareholder community still buzzing, excited to receive their $APE Shares and excited for the future of AMC as a company.
AMC Apes are obviously hoping for a continuation into this week which seems like just might be the case.
AMC STOCK VOLUME
AMC Stock volume is on the rise! The volume reached over 50 million for the first time in a few weeks. Today AMC Stock reached 100 million in trading volume. Volume along these lines were what we saw last year when AMC Stock squeeze to all time highs. Seeking Alpha says: How Does Volume Affect Stocks? If a stock with a high trading volume is rising, it means there is buying pressure, as investor demand pushes the stock to higher and higher prices. One the other hand, if the price of a stock with a high trading volume is falling, it means more investors are selling their shares.
The MOASS or Mother of all short squeeze could still be on the table this year with all these new massive improvements AMC as a company is experiencing as of recent. when it comes to AMC stock and it future. The $72 per share surge AMC investors saw last year might have seemed like a huge jump… But retail investors warn that the $72 per share that AMC saw could be nothing compared what’s to come next.
The up and coming trading week will be one for the history books either way. AMC Stock is riding many bullish catalysts going into the week… The question is… Will they be enough for AMC Stock to short Squeeze?