AMC Theaters public stock is volatile right now. Before the pandemic, the stock was around $6 or $7. Right now the stock is hovering well above $30. There is always a high risk with volatile stocks like this, but boy is it tempting for traders to get in on the hot stuff. Right now, the hot stuff is AMC, but why? In other volatile news, Game Stop is up right now.
Investor’s Edge with Gary Kaultbaum can be heard weekdays on MoneyTalk 1010. Gary Kaltbaum is a registered investment advisor with more than 30 years of experience in the markets. He is the owner and president of Kaltbaum Capital Management, a financial investment advisory firm headquartered in Orlando, Florida. He is a Fox News Channel Business Contributor regularly appearing on Fox News Channel and the Fox Business Network. Gary is the author of the book “The Investors Edge” and is also the host of a nationally syndicated radio show with the same title “Investors Edge” which is broadcast on numerous stations across the U.S. The show is also available on demand and airs live 6-7 pm EST Monday-Friday. Past shows can be heard online at garykaltbaum.com.