AMC insider selling picks up as meme stock rises amid retail wave


A sign hangs in front of an AMC theater on January 27, 2021 in Chicago, Illinois. Shares of AMC Entertainment more than quadrupled today as investors continue their buying spree on heavily shorted stocks.

Scott Olson | Getty Images

Insider selling activity at AMC Entertainment ramped up like never before during the recent explosive rally driven by enthusiastic retail investors.

A total of seven insiders at the movie theater chain have sold a portion of their stakes since May 28 when the latest leg up began, selling in a wide price range of $27.42 to $62.67, according to InsiderScore’s analysis of regulatory filings. The stock price has more than doubled since that day, last trading at…


0 0 votes
Article Rating

Salesforce’s Benioff says 50-60% of employees likely to work from home

Previous article

The Fed is in early stages of prepping markets for tapering asset purchases

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Finance