Why These 5 Stocks Are Trending on Monday

3. AMC Entertainment Holdings, Inc. (NYSE:AMC) has soared more than 26.6% as of 11:26 AM ET after the CEO of the Leawood, Kansas-based company said that the movie-theater chain would move forward with more “transformational” deals. The company piqued the interest of retail investors after taking a 22% stake in a troubled gold and silver mining corporation around two weeks ago. CEO Adam Aron highlighted that AMC Entertainment Holdings, Inc. (NYSE:AMC) raised $1.8 billion in 2021 as retail investors turned the company into a ‘meme’ stock. As of Q4 2021, 17 hedge funds held a stake in AMC Entertainment Holdings, Inc. (NYSE:AMC), with a combined portfolio value of $328 million.