Check out the companies making headlines in midday trading.
AMC Entertainment — Shares of AMC Entertainment are in a middle of a roller-coaster session Friday as they turned 5% lower after rallying as much as 38%. By midday, over 360 million shares have already been traded, more than tripling its 30-day average. Shares have already rallied 120% this week amid heightened speculative trading activity, bringing its monstrous 2021 rally to 1,200%.
HP — Shares of the hardware tech company dropped more than 8% despite HP beating expectations on the top and bottom lines for the first quarter. Management warned during an investor call that issues in the semiconductor supply chain could limit…