(Reuters) – Shares in cinema operator AMC Entertainment (NYSE:) were up 50.2% at $29.38 in a high-volume trading session on Thursday after rising as high as $29.72 earlier.
AMC, which is popular on social media and among members of Reddit investing forum WallStreetBets, was last up more than 1,400% for the year to date.
And with about 450 million shares already changing hands, Thursday was already AMC’s busiest trading session since early February with two hours of trading left.
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