MVST - Wall Street Breakfast: Meme Stock Stumble

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Meme stock stumbleAMC (NYSE:AMC) looked to hit all the right notes for its devoted retail investors on the earnings call, but an early pop in shares fizzled, wiping out the gains heading into the report. The stock closed down 6% yesterday and nearly 14% from where shares opened when it looked like another push from the "Ape Army" was on its way.CEO Adam Aron, known to the Army as Silverback, played to that crowd in the earnings call, floating ideas for a retail audience that cares much more about wild innovation than classic valuation.Yes, AMC would consider partnering with GameStop (NYSE:GME). Sure, you will be able to pay for tickets and concessions with bitcoin (BTC-USD) by the end of the year. But Aron did balk at

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Wall Street Breakfast: Meme Stock Stumble