AMC Entertainment jumps 23% as retail piles into cinema and crypto miners
As seen on the 24/7 Wall St. homepage on July 20, 2026.
AMC Entertainment surged 23% as retail trades bet heavy on cinema and crypto mining stocks, with Marathon Digital and Cipher Mining joining the rally into the close.
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AMC Entertainment (AMC) closed at $2.40, up 23.45% on the session, leading a broad retail-driven push into speculative names. Crypto mining stocks rode the same wave, with Iren (IREN) gaining 18.16% to $39.73 and Cipher Mining (CIFR) rising 17.88% to $20.70. Marathon Digital (MARA) added 9.21% to close at $11.68, rounding out the mining-sector surge.
Archer Aviation (ACHR) also caught a bid, climbing 18.13% to $5.25 and making it one of the session's broadest rallies across high-beta, retail-favored names. The simultaneous lift across cinema, crypto mining, and electric air-taxi stocks points to a single-session rotation rather than any one sector-specific catalyst.
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On the losing side, Tempus AI (TEM) fell 7.37% to $48.60 and Cava (CAVA) dropped 7.04% to $64.00, while Dell Technologies (DELL) shed 3.31% to $383.21 — a reminder that the day's enthusiasm was concentrated in a narrow pocket of speculative plays rather than the broader market.