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Zacks Market Edge Highlights: AMC Entertainment, GameStop, Bed Bath & Beyond and Express

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For Immediate Release

Chicago, IL – June 10, 2021 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

AMC Insiders Are Selling: Should You?

Welcome to Episode #274 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

This week, Tracey is going solo to talk about the latest Reddit/WSB trades, including the AMC Entertainment (AMC - Free Report)  frenzy.

AMC shares are up over 2400% year-to-date and have gained over 400% in the last month as Reddit traders have pushed the stock ever higher.

A lot of investors and traders are sitting on big gains which begs the question: should you sell?

The Insiders are Selling at AMC

The corporate insiders can be an important signal about what is going on behind the scenes at a company. When they buy, it can send a powerful signal that good things are going on at the company.

But what about when they sell?

At AMC, 8 corporate insiders including directors, the Chief Content Officer, the Chief HR Officer, the EVP of US operations, the SVP of Development and International and the Chief Marketing Officer have sold shares since May 28, 2021.

Most sold after the recent surge in the stock sent it to new 52-week highs in June.

Is this selling sending a signal?

Insider Selling in Other Reddit Stocks

Anyone can look on SEC.gov to see what the insiders are buying and selling.

With all the selling going on in AMC, are the insiders doing the same in the other hot Reddit stocks including GameStop (GME - Free Report) , Bed Bath & Beyond  and Express ?

Listen to this week's podcast to find out if the insider behavior is a tip-off to investors debating whether they should sell or hold the Reddit stocks.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the "Internet of Money" and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we're still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks' has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


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