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Is The New Meme Stock Rally Led By GME, AMC A Repeat Of 2021? Vanda Research Says No: 'Chances We Reach That Stage Are Low'
Thursday, May 16, 2024 - 7:59am | 762Meme stocks GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings Ltd. (NYSE:AMC), which saw whopping gains over the first two sessions of the week, experienced a sharp pullback on Wednesday. Premarket trading indicates that this weakness is likely to persist. And according to Vanda Research,...
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GameStop, AMC Surge Burns Short Sellers: This Hedge Fund May Have Been On The Right Side Of The Trade
Wednesday, May 15, 2024 - 2:43pm | 545Original meme stocks GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) are taking a bit of a breather Wednesday after exploding higher to start the week. The losses from short-selling hedge funds are piling up, but it appears at least one hedge fund may be on the right side of...
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GameStop, AMC Stock In Freefall Wednesday: Is 2024 Meme Stock Rally Over?
Wednesday, May 15, 2024 - 11:30am | 738Meme stocks including GameStop Corporation (NYSE:GME) and AMC Entertainment Holdings (NYSE:AMC) soared earlier this week on increased optimism led by the social media return of Keith Gill, aka Roaring Kitty. But shares are under pressure on Wednesday and the rally could prove to be short lived....
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Amid GME, AMC Rally, Expert Says 'First Time This Happened, It Was More Of A Movement, But Right Now This Looks Like A Craze'
Wednesday, May 15, 2024 - 5:18am | 703After a brief lull, GameStop Corp. (NYSE:GME) and other meme stocks are back in the spotlight, sparking a fresh wave of excitement and concern on Wall Street. What Happened: Meme stocks, a term used to describe stocks that experience rapid and extreme price movements driven by social media, are...
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Amid GameStop, AMC Meme Mania, Robinhood Scores Record $5B Equities Trading Volume — CEO Vlad Tenev Says, 'One Of Our Biggest Days'
Wednesday, May 15, 2024 - 12:22am | 849Robinhood Markets Inc‘s (NASDAQ:HOOD) equities trading volume surged to a record $5 billion on Tuesday, marking one of the platform’s biggest days in the past 12 months. This achievement comes amid a resurgence in retail trading, reminiscent of the 2021 meme stock frenzy, where...
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5 Ways The GameStop, Meme Stocks Rally Could Fizzle: Stock Offerings, Boredom And More
Tuesday, May 14, 2024 - 5:30pm | 729Shares of GameStop Corporation (NYSE:GME) and other meme stocks are rocketing higher in the first two days of the trading week, drawing comparisons to the meme stock rally of 2021. The meme stock rally of 2021 was eventually brought to an end thanks to several developments. Here’s a look back...
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Dave Portnoy Buys $250K GameStop Stock, $250K AMC Stock: 'I Wish I Bought More'
Tuesday, May 14, 2024 - 3:32pm | 730Barstool Sports founder and stock trader Dave Portnoy is back on meme stocks again with an investment in GameStop Corporation (NYSE:GME) and AMC Entertainment Holdings (NYSE:AMC) as shares rally and see increased interest. What Happened: Similar to a rally in the price of GameStop and AMC as high...
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GameStop Option Traders Active Before Roaring Kitty's Tweets, Might Have Made Millions
Tuesday, May 14, 2024 - 2:28pm | 632The price of GameStop Corp (NYSE:GME) stock soared on Monday and continues to trade higher Tuesday thanks to several tweets from Keith Gill, aka Roaring Kitty, a central figure in the previous rise of GameStop's share price in 2021. Options traders were looking at GameStop before Roaring Kitty's X...
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Stock Market Interest Is Surging: Are Meme Stocks Responsible?
Tuesday, May 14, 2024 - 1:53pm | 664The stock market has witnessed a remarkable surge in interest, largely fueled by the resurgence of meme stocks this week. What To Know: Familiar names like GameStop Corp (NYSE:GME) and AMC Entertainment Inc (NYSE:AMC) are leading the charge on Wall Street this week with both names experiencing...
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Short Sellers Run Scared As Meme Stocks Roar: Why High Short Interest Stocks Keep Ripping
Tuesday, May 14, 2024 - 12:49pm | 815A multitude of stocks with high short interest ripped higher on Monday and continue to rally on Tuesday. The initial moves higher appear to be due to retail traders rushing into heavily shorted names, but the continued momentum may have more to do with short covering. Here’s what you need to...
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GameStop's David Vs. Goliath Rematch: Shorts Face $1.4B Loss In 2024 As Roaring Kitty Returns
Tuesday, May 14, 2024 - 12:19pm | 597Shares of video game retailer GameStop Corporation (NYSE:GME) rallied on Monday with retail traders excited by the return to social media by Keith Gill, aka Roaring Kitty, a central character in the previous rally of shares in 2021. Investors betting against GameStop by shorting the stock are now...
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GameStop Stock Skyrockets As 'Roaring Kitty' Returns: Is GME Short Squeeze 2.0 Imminent?
Tuesday, May 14, 2024 - 9:36am | 827GameStop Corp (NYSE:GME) stock is roaring since Monday, along with other ‘meme stocks’ after retail investor Roaring Kitty made a return to social media via a post on X. The stock was up over 100% in pre-market trading on Tuesday. The ROARING KITTY IS BACK!!! byu/TheBoisterousBull...
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If You Invested $1,000 In GameStop Stock When 'Dumb Money' Was Released In Movie Theaters, Here's How Much You'd Have Today
Monday, May 13, 2024 - 7:34pm | 805Video game retail stock GameStop Corp (NYSE:GME) was one of the biggest financial storylines of 2021. A movie based on the storyline put the stock back in the spotlight in 2023 and the stock is soaring once again thanks to the social media return of a key character in the GameStop saga. What...
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As 'Roaring Kitty' Returns, Here Are 3 ETFs To Leverage The 2024 Meme Stock Wave
Monday, May 13, 2024 - 6:21pm | 1221Meme stocks have once again captured the spotlight in the financial market following the return of Keith Gill — known widely as “Roaring Kitty”— to social media after a three-year hiatus. For those unfamiliar, Gill is a pivotal figure in the meme stock phenomenon that took the...
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GameStop Trader 'Roaring Kitty' Sparks Wall Street Rally In Heavily Shorted Stocks: What You Need To Know Right Now
Monday, May 13, 2024 - 4:38pm | 870Several stocks with high short interest rallied on Monday following an incredible surge in GameStop Corp (NYSE:GME) shares. Here’s a quick look at what you need to know. What To Know: The madness in meme stocks on Monday can be traced back to a social media post from Keith Gill, best known as...