Noting some recent selling in GameStop (GME) and AMC (AMC) , Cramer attributed the move to the Reddit trader. Advanced Micro Devices As of 10:00 a.m. ET, Advanced Micro Devices (AMD) was up over 6% to $119.43. “AMD is now a meme stock,” Cramer told Action Alerts PLUS senior ...
In this article, I will use theTipRanks Stock Comparison Toolto help me analyze leading meme stocks GameStop(GME), AMC Entertainment(AMC), and Trump Media Technology Group(DJT). A closer look leads me to a neutral outlook for both GameStop and Trump Media, and a bearish outlook for AMC...
Well, here we go again. The rigged game of meme-stock trading is back in vogue, evidently. GameStop (NYSE:GME) stock traders deserve the credit or, perhaps, the bla...
GameStop (GME) stock has ranged between $12.14 and $483 in the past 52 weeks. Shares closed at $196.21 Tuesday, down 2.87%. The stock is up 941% so far in 2021. That’s stunning volatility powered by a Reddit movement, speculation, and people trading the stock witho...
But thousands of amateur traders didn’t pour their money into GameStop simply because they noticed that the short interest in GME was over 140% of the float, and that enough options could trigger a short squeeze on a potentially volatile security. They did it because, as various columnists...
But thousands of amateur traders didn’t pour their money into GameStop simply because they noticed that the short interest in GME was over 140% of the float, and that enough options could trigger a short squeeze on a potentially volatile security. They did it because, as various columnists...
GameStop (GME) stock gained 8 percent on June 22 after the company said it raised $1.1 billion in stock. How high can GME stock go?
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Themeteoric risein GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look away from. It’s the closest thing Wall Street has to David vs. Goliath. What’s happening: Shares of GameStop(GME), a legacy company whose stores...
It's worth highlighting that central to the meme stock phenomenon is a mix of populism, defiance of elites, ironic detachment, and sheer entertainment value—that is, trolling. Investors taking part might buy specific stocks not only for potential gains but also to challenge traditional market nor...