- Shares of GameStop and AMC jumped nearly 40% each in premarket trading on Tuesday, and are on track to extend gains from a day earlier when a series of posts from "Roaring Kitty" rekindled a rally reminiscent of the meme stocks trading frenzy.
Since Sunday, Gill has shared a meme and more than 10 clips from movies including "X-Men Origins: Wolverine", "The Avengers" and the 1993 Western "Tombstone".The series of cryptic posts did not mention any company names but sparked speculation in the retail trading community that he might get back in action.
The euphoria also spread to micro-cap firms popular among short sellers, traders who hope to make money by betting on a stock's fall. Retail investor-focused brokerage Robinhood, which made zero-commission trades mainstream, edged 0.9% higher.This dividend stock is still down by 36% in the last year but offers even more growth after taking a year to balance the books. The post Should You Buy This 7% Dividend Stock While it’s Below $6? appeared first on The Motley Fool Canada.
The stock market is about to see a 10% correction, with further disinflation a 'pipe dream' and Fed rate cuts coming much later, Stifel says
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