Hycroft Mining jumps after meme darling's Monday surge

Hycroft Mining Holding

29/03/2022 11:25

** Hycroft Mining  HYMC.O  shares up 35.3% premarket to
9-month high of $3.14, adding to big gain in previous session
    ** HYMC on Mon closed up 81.3% at $2.32 on heavy volume in
wake of Nevada mine owner saying it completed ~$138.6 mln
at-the-market (ATM) equity program  urn:newsml:reuters.com:*:nL2N2VV1VP
    ** HYMC remains in retail trading spotlight: it's the most
watched stock on retail trader forum Stocktwits early Tues with
message volume up ~61%
    ** On the flip side, shares of AMC Entertainment  AMC.N ,
which bought ~$28 mln stake in Hycroft earlier this month, are
down ~3% before the bell after they soared 44.9% on Mon
    ** AMC's top boss on Mon signaled more meme-stock powered
deals to come  urn:newsml:reuters.com:*:nL2N2VU0HI
    ** This as Wall Street's regulator mulls changes to stock
market rules to increase competition for orders and improve
deals for retail investors  urn:newsml:reuters.com:*:nL2N2V72H1

 (Lance Tupper is a Reuters market analyst. The views expressed
are his own)
 ((lance.tupper@thomsonreuters.com
lance.tupper@tr.com 1-332-219-1430))