A year ago in January, the U.S. stock market got a jolt and an in-your-face introduction to a fresh crop of meme stocks as the retail trading community and Reddit traders waged war against short-sellers and hedge funds.
After watching from the sidelines, AMC CEO Adam Aron decided to get more active on Twitter last year, opening up a direct line of communication with retail traders via social media. The move wasThe company also, in June, rolled out "AMC Investor Connect," a portal where the company aims to entice retail investors with information and promotions. Aaron can often be found pulsing his followers on items like accepting cryptocurrencies or touting upcoming films.
SEC Chairman Gary Gensler, who took over after the January brouhaha, was tasked with figuring out what if anything was suspect when the market went haywire on January 28. Rumors of intentional interference tied to hedge funds was ruled out in a lengthy GameStop report titled: "
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