AMC - Why Torchlight Energy and AST SpaceMobile Popped Today -- but AMC Stock Dropped
Shares of Torchlight Energy Resources (NASDAQ: TRCH) and AST SpaceMobile (NASDAQ: ASTS) , two meme stocks recently favored by the Reddit crowd, are going " to the moon " today, rising 18.2% and 15.1%, respectively, as of noon EDT. In contrast, sentiment on AMC Entertainment Holdings (NYSE: AMC) stock is shifting into reverse, and the stock is down 9.3%.
Reddit has struck again.
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Why Torchlight Energy and AST SpaceMobile Popped Today -- but AMC Stock Dropped