AMC May 2024 4.000 put
- Yahoo Finance Video
Is this week's meme stock saga already over?
Meme stocks like GameStop (GME), AMC Entertainment (AMC), BlackBerry (BB), and Tupperware (TUP) are falling back down after a rally spurred by X (formerly Twitter) user "Roaring Kitty's" return to social media earlier this week. Yahoo Finance's Jared Blikre breaks down key meme stocks and analyzes how 2024's rally compares to the 2021 meme trade frenzy. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
- Bloomberg
GameStop and AMC Extend Slump as Meme-Fueled Rally Unravels
(Bloomberg) -- GameStop Corp. and AMC Entertainment Holdings Inc. slumped for a second day as the meme-stock frenzy that gripped markets earlier this week faltered.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Touches 40,000 Before Pulling Back: Markets WrapGameSto
- Bloomberg
Renaissance Technologies Piled Into GameStop, AMC Ahead of Rally
(Bloomberg) -- Renaissance Technologies LLC, the quantitative fund founded by the late Jim Simons, loaded up on shares of meme-stock darlings AMC Entertainment Holdings Inc. and GameStop Corp. ahead of the latest rally.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average
