This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXNPEH5317C_L.jpg
Trading in the stock will be limited to clients with own capital on hand and not borrowed funds, TD Ameritrade said, adding there might be some additional requirements on trading options that expire on June 11.
The news comes as shares of AMC shuffled between gains and losses on Friday morning after a blistering rally that left the company’s stock up around 90% for the week.
AMC has been at the center of a second wave of buying by retail investors who have hyped the stock in forums such as Reddit’s WallStreetBets, reinvigorating the “meme stock” phenomenon that sent shares of video game retailer GameStop (NYSE:GME) up 1,600% in January.
