Meme Meme The Dancing Machine
Tim Knight | May 28, 2021 01:13AM ET
Well, I thought the whole GameStop (NYSE:GME)/Meme/RagingKitty/WSB nonsense was a thing of the past, but it has persisted. The man-of-the-hour at the moment is movie theatre outfit AMC (NYSE:AMC), which has gone up nearly 1,000% in the past six months. And why not? Revenue has gone up 1,000%, as have profits, as theatres are packed to the gills every single day of the week with excited movie goers. Or maybe not. But the chart tells the tale:
Not to say that selling tickets and popcorn at movie theatres is universally the hottest industry on the planet. Cinemark (NYSE:CNK) doesn’t exactly look ready to rock and roll:
Nor does Marcus (NYSE:MCS):
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