Josh Brown On Recent Surge In AMC Entertainment, GameStop, ‘Good Outcomes’ For The Companies
The phrase "meme stocks" is somewhat disrespectful, Ritholtz Wealth Management CEO Josh Brown said Friday on CNBC's "Fast Money Halftime Report."
AMC & GME are Not the Only Reddit Penny Stocks to Buy According to Top Wall Street Analysts
If you’re looking for penny stocks to buy right now, I’m sure you’ve seen plenty of attention placed on social media, namely Reddit.
Is Jim Cramer Teasing A Beyond Meat Short Squeeze? Making Sense Of His Confounding Tweets
Television host Jim Cramer has posted a series of tweets on Beyond Meat Inc (NASDAQ: BYND) which urge bears to exit the shares of the meat substitute firm and make references to WallStreetBets investors.
Cryptocurrency Market Mutes As Focus Turns Back To GameStop, AMC Short Squeeze
The cryptocurrency market remained muted late Thursday as the focus returned to so-called meme stocks and associated short squeezes.
What Happened: Bitcoin (BTC), the largest cryptocurrency by market capitalization, traded 1.28% higher at $37,961.27 at press time over a 24-hour period. The apex coin is down 6.92% in a seven-day trailing period.
AMC Stock’s Whopping Surge On Thursday Adds Another $634M To Short-Seller Losses
Movie theatre chain AMC Entertainment Holdings Inc.’s (NYSE: AMC) stock surge of more than 35% on Thursday has cost short sellers another $634 million in losses, Bloomberg
In A Squeeze Made For The Big Screens, AMC Entertainment Options Traders Place Huge Bets
AMC Entertainment Holdings Inc (NYSE: AMC) opened 5.18% lower on Thursday, but the stock was immediately bought and a massive amount of institutions began placing call orders.
Does GameStop Care About The Market At Large? Or, Is GME The New Gold?
It has been an interesting couple of weeks on wall street. Inflation fears cropped up every second day, while the Fed intimated that raising interest rates is back on the table. Meanwhile, several big-box retailers beat their earnings expectations, and US manufacturing reportedly sprung back to life at a record pace. To top it all off, the US Dollar lost ground to its trading partners.
60 Biggest Movers From Yesterday
Gainers
Lizhi Inc. (NASDAQ: LIZI) shares surged 57.6% to close at $6.84 on Wednesday.
GameStop, AMC Short Seller Losses For 2021 Widen To $8B
Investors betting against GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc.
Those Still Shorting Gamestop, AMC Are ‘Out Of Their Mind,’ Says Cramer
CNBC host Jim Cramer has taken a swipe at investors trying to short “meme” stocks GameStop Corp (NYSE: GME) and AMC Entertainment Holdings Inc. (NYSE: AMC), saying that they are “out of