AMC's market cap at 40 is 18 billion dollars. The total share outstanding: 450 Million
Now let's look at the price*volume and see how healthy its trading could be!
May 24th: 1.55 Billion
May 25th: 3.5 Billion
May 26th: 7.4 Billion
May 27th: 18.7 Billion ( Tesla:16.2 B, Apple:11.8B, Amazon: 8.2 B, Microsoft: 6 B, Facebook:6.8B, Google: 4.6B)
May 28th: 17.4 Billion ( Tesla:14.2 B, Apple:8.8B, Amazon: 7.5 B, Microsoft: 4.5B, Facebook:3.9 B, Google: 2.9B)
June 1st: 16.2 Billion ( Tesla:11.2 B, Apple:8.4B, Amazon: 7.8 B, Microsoft: 5.7B, Facebook:3.8B, Google: 2.3B)
I believe this is nothing but Market Manipulation, and there will be few winners and lots of people will lose their money..!
ask yourself how is this possible in a healthy trading environment a company with a lower than 20 Billion dollar market cap can absorb more money than trillion-dollar companies???
Investment is about managing risk, not riding a rollercoaster..!
I think SEC is sleeping..!