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Would you buy the dip in AMC or GME, if you were given $1,000 now?

In trading on Friday, shares of $AMC Entertainment(AMC.US)$ and $GameStop(GME.US)$ crossed below their 200-day moving average.

AMC shares were trading lower last week after the CDC confirmed the first Omicron case in the US. Theaters shut down in 2020 amid the start of the pandemic and variant uncertainty has driven fears of possible lockdown measures.

AMC closed Friday’s session lower by 4.2% at $29.01, well off the stock's intraday low of $25.31.

Shares of GameStop, were trading lower as well, following worse-than-expected US job growth data.

GameStop closed Friday’s session lower by 5.1% at $172.39, off the intraday low of $159.05.

If you had $1,000 right now, would you buy the dip in AMC or GME?
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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