AMC's stock is up 2,000% this year. But the theater chain's problems aren't solved

AMC's comeback, and then some — its stock price surged to a record high on Wednesday — has been fueled by Reddit's army of retail investors as well as some legitimate good news about customers returning to movie theaters. But that doesn't mean that AMC and the rest of the industry's inherent problems are solved.

News: What you need to know about the markets     AMC's stock is up 2,000% this year. But the theater chain's problems aren't solved AMC's comeback, and then some — its stock price surged to a record high on Wednesday — has been fueled by Reddit's army of retail investors as well as some legitimate good news about customers returning to movie theaters. But that doesn't mean that AMC and the rest of the industry's inherent problems are solved. Read more »   Why AMC is luring rabid investors with free popcorn Meme stock mania is back in full force — and this time around, companies are trying to use the hype to their advantage. Read more »   Walmart gives 740,000 associates a free Samsung smartphone Walmart is rolling out a new app for its employees and giving them a new Samsung phone to use it. Read more »   United plans supersonic flights by 2029 United Airlines announced a deal to buy 15 supersonic jets, planning to carry passengers on the ultra-fast planes by 2029. Read more »   Climate change could ignite a financial crisis, IMF official says Climate change poses serious risks to the stability of the financial system, a senior International Monetary Fund official told CNN Business. Read more »   Disney, Netflix and tech titans team up to fight the climate crisis Some of the world's largest companies are joining forces to accelerate efforts to fight the climate crisis. Read more »

Dow Nasdaq S&P -23.34   -141.82   -15.27 34,577.04   13,614.51   4,192.85 -0.07%   -1.03%   -0.36% YTD +12.97%   YTD +5.63%   YTD +11.63%

Biggest Winners Ford Motor Co +7.24%   General Motors Co +6.39%   NRG Energy Inc +3.85%   Lumen Technologies Inc +3.02% Biggest Losers Southwest Airlines Co -4.29%   Las Vegas Sands Corp -3.67%   Alaska Air Group Inc -3.51%   Weyerhaeuser Co -3.46%

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Key Market Stats Latest Today's Change Oil $68.89 +0.08 / +0.12% Gold $1,872.20 -1.10 / -0.06% 10-yr 1.63% +0.03 Euro $1.21 -0.01 / -0.68%

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