Stop Trading... but why?

It happened again this week - the meme stocks went haywire. This time the poster child wasn’t GameStop, but AMC. You can read recaps on the crazy AMC week here and here. My favorite recap is from Josh Brown appearing on MSNBC - here. As you can see in the table below, shares of AMC, while down 23.41% over the last two days, were up a whopping 80.66% for the week. They are up 393.41% for the month, and just a mere 2159% year to date.

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