The new meme stock rally is unlikely to slow down, with GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings, Inc. (NYSE:AMC) poised for another strong session on Tuesday. CNBC’s Mad Money host Jim Cramer took to social media to share his thoughts on the market frenzy.
Capitalizing On The Mania? Cramer believes both GameStop and AMC could use the stock surge to raise capital through public offerings. He commented on AMC, saying, “Waiting for AMC to issue stock to the throng,” suggesting he doesn’t see much value in such an offering for the company.
Waiting for AMC to issue stock to the throng. It makes too much sense not to — Jim Cramer (@jimcramer) May 13, 2024
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