This is no longer our grandparents’ or parents’ stock market: strategist

Love it or hate it, the Meme Market is back, and Wall Street strategists say it can’t be ignored.

While shares of AMC Entertainment (AMC) are having a volatile Thursday, the social-media-fueled trading frenzy has pushed shares of AMC up nearly 3,000% this year, giving the money-losing movie theater chain a market value of more than $30 billion. AMC is not alone. Shares of Bed, Bath & Beyond (BBBY), Express (EXPR), and BlackBerry (BB) are all up this year. It’s reminiscent of the…


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