Another reason many believe the stock price will jump significantly is the short squeeze potential, similar to what was seen with GME. AMC is a heavily shorted stock, and there was no expectation on the end of the hedge funds for reddit to jump on AMC. The hedge funds will have to cover their shorts and short interest, as they were expecting most of the stock to be available to the public, as opposed to owned by the public. At this point in time, I believe a large short squeeze is inevitable, not if it will happen, but when will it happen.