AMC Entertainment Holdings Inc (AMC) Is “A Professional Meme Stock,” Says Jim Cramer

We recently published 12 Stocks Jim Cramer Recently Talked About In His “Idea-Driven” Market. AMC Entertainment Holdings Inc (NYSE:AMC) is one of the stocks Jim Cramer recently discussed.

AMC Entertainment Holdings Inc (NYSE:AMC) is one of the largest cinema chains in the US. It is also one of the more ‘infamous’ stocks in the market due to the tussle between retail and institutional investors during the coronavirus pandemic. AMC Entertainment Holdings Inc (NYSE:AMC) is what is commonly referred to as a ‘meme stock,’ which means that its shares have been driven by popularity instead of fundamentals. In 2025, the stock has lost 26% year-to-date after it gained 24% in May only to dip by 15% over the next couple of days. The stock performed well in May due to a record Memorial Day weekend. Cramer’s previous remarks about AMC Entertainment Holdings Inc (NYSE:AMC) have discussed the firm’s high debt levels. This time around, he commented on potential catalysts:

“That’s a professional meme stock.

“Adam did tweet, earlier today, that Jurassic, there’s another Jurassic this weekend. . .that’s the kind of thing that used to get people going.”

“Now that stock, I want to tell you something I learned at Goldman. . .stocks stop at zero, they do not go below. I’m not saying that one. That stock is at two dollars. But it is an incredible thing. But if they change things, and that stock goes to like minus two, minus three, I think they will be more discerning, the public will be more discerning.”

AMC Entertainment Holdings Inc (AMC) Is "A Professional Meme Stock," Says Jim Cramer

An audience of moviegoers inside a theatre, savoring the latest cinematic experience.

The CNBC host warned his viewers about investing in AMC Entertainment Holdings Inc (NYSE:AMC) earlier this year:

“No, the answer is that they should have reorganized by now, and they haven’t. They have way too much debt. I want you to stay away from that one.”

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READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.