Advertisement
New Zealand markets closed
  • NZX 50

    12,766.75
    -78.89 (-0.61%)
     
  • NZD/USD

    0.6101
    -0.0012 (-0.20%)
     
  • ALL ORDS

    8,529.50
    +38.00 (+0.45%)
     
  • OIL

    74.62
    -0.94 (-1.24%)
     
  • GOLD

    2,674.80
    -1.50 (-0.06%)
     

AMC Slashes Debt By $153 Million But Stock Dithers; Are Meme Stocks A Buy Now?

AMC Slashes Debt By $153 Million But Stock Dithers; Are Meme Stocks A Buy Now?

Meme stocks like AMC and GameStop get their spikes from strong buying interest. Buying stocks just because they are rallying is a poor strategy. It is better to bring a time-tested method for stock picking and search for buy points in proper bases.