AMC shares climbed nearly six fold since mid-May, but news Thursday that the company would sell 11.5 million shares triggered a 20% selloff pre-market.
Gareth Soloway, chief market strategist said that more downside action is expected.
Soloway discusses with David Lin, anchor for Kitco News, the moves he’s expecting for AMC, Dogecoin, Blackberry, and Bitcoin.
For Soloway’s price predictions, watch the video above.
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