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  • News From Press Retail investors in India, South Korea join meme craze for AMC

    Retail investors in India, South Korea join meme craze for AMC

    The money-losing movie-theater chain is among the five most-traded U.S. stocks over the past week on both Vested Finance and Stockal, two India-focused platforms for retail investors to buy U.S. equities.
    The Economic Times Jun 4, 2021

    Retail investors in India and South Korea have joined the meme-stock frenzy by piling into AMC Entertainment Holdings Inc. through local trading platforms giving them access to U.S. markets. The money-losing movie-theater chain is among the five most-traded U.S. stocks over the past week on both Vested Finance and Stockal, two India-focused platforms for retail investors to buy U.S. equities. AMC Entertainment has accounted for 14 per cent of trades on Vested this week, a greater proportion than Tesla Inc., Shopify Inc. and Facebook Inc.

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