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IPFS News Link • Stock Market

AMC Explodes As Frenzied Retail Buying Makes It Most Traded Stock In The Entire Market

• Zero Hedge

The recent retail buying euphoria has carried over into Friday with the original meme stocks, AMC and GME, soaring at the open amid unprecedented volumes.

AMC has soared 33%, trading at $35 at last check in a market where the bid/ask spread is approaching a dollar, rising as high as $36.72 after a burst of early buying, sending its market value above $16 billion...

... with Bloomberg reporting that it is now the most traded stock in the entire market based on value, and also the most traded in terms of volume (with pennystock HCMC the only name more actively traded).