*DD FOR DUMMIES: What's beta? Beta is a measure of risk commonly used to compare the volatility of stocks, mutual funds, or ETFs to that of the overall market. The S&P 500 Index is the base for calculating beta with a value of 1.0.
Securities with betas below 1 have historically been less volatile than the market. While securities with betas above 1, have historically been more volatile than the market. The beta is calculated using data over a 5-year period.
GameStop Corp. Class A Report has a negative beta of -6.8, according to Infront. Roughly speaking, the negative coefficient means that the stock often moves opposite the general market trend. See below the comparison of GameStop's beta with its main segment peers. 
AMC's negative beta is -4.2. The table below shows that this is a feature of AMC specifically, probably due to its popularity and the unique forces (you know what I'm talking about) that move the share price, this is not something that is shared across the entertainment sector.
It is reasonable to expect that, in a market correction caused by macroeconomic factors, investors would seek alternative forms of investment. In the case of AMC and GME, price action has been largely determined by supply and demand dynamics, not so much by business fundamentals
Then, why not park some money in these two stocks when the market and the economy weaken? Investing in AMC and GME stocks might be one way to ride “positive ape sentiment” and sidestep a fundamentals-driven market pullback. Not financial advice, of course. $AMC $GME #APEstrong
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