A web application called stonk o tracker amc was developed by an unidentified developer who claims to truly enjoy stocks. So-called “meme-stock” buyers have shown a lot of interest in it on Reddit, Twitter, and YouTube. The tracker was referred to as “a laugh website, created for and by apes” by a number of people.

AMC Stonk

At first, a bar in orange with the words “Stonk time in 7 hours 19 minutes and 54 seconds” will be visible. Fair enough, that one is simple to explain: It’s a countdown to the New York Stock Exchange’s (NYSE) opening. Also, look just below that left-hand bar; The NYSE has a heading that charges $12.78. During the time that the New York Stock Exchange was closed, AMC’s stock cost that much. SSR also stands for “opportunity uptick rule,” which is an abbreviation for “brief sale restriction.”

This standard safeguards shares from relentless short-selling by denying shorts while stock has dropped by 10% or extra from the former trading day. Therefore, inside, the SSR is approximately $11.50, which is approximately ten times less than AMC’s NYSE final fee of $12.78. The heading “FRA” on Stonk-O-Tracker denotes the fee for Stonk O Tracker AMC stocks traded on the Frankfurt Stock Exchange.