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AMC and other meme stocks swing between losses and gains to wrap up a wild week

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The AMC Empire 25 near Times Square is open as New York City’s cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021.

Angela Weiss | AFP | Getty Images

It’s been quite the week for AMC Entertainment and other meme stocks as frenzied trading inspired by Reddit’s chatrooms swept through Wall Street yet again.

These speculative stocks are swinging wildly on Friday but still will be wrapping up the wild week with massive gains.

AMC shares last traded 2% higher on Friday after dropping 18% in the previous session. The stock is still up nearly 100% on the week. Bed Bath & Beyond and BlackBerry fell 4% and 7% respectively. BlackBerry is still up 45% on the…



Source cnbc.com

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