Like millions of Americans, he had begun dabbling in the stock market during the pandemic. So, soon after $1,400 from the federal government landed in his bank account last week, Sanchez, a 28-year-old trumpet player in Sacramento, California, moved all but $200 of it into his Robinhood online trading account. He then used most of it to buy 80 shares of AMC Entertainment, the struggling movie theater chain.
Many Americans using their stimulus checks to dabble in the stock market: ‘Whatever. I’ll give it a shot’
