Meme Stocks Are On a Wild Ride, Led by AMC

Meme stocks are on the move again—while the broader market is running in place.

Shares of AMC Entertainment Holdings Inc., GameStop Corp. and other stocks popular with individual investors have surged over the past two weeks, a frenetic rally reminiscent of theAMC became the latest darling of investors who have banded together on social media in a bid to propel the shares higher. The stock has surged 97% this week through Thursday, despite

. That has extended its gains for the year to over 2,300%. Its daily average trading volume this week has nearly quadrupled the 2021 average.The S&P 500, meanwhile, has waffled in a narrow range as investors parse signals about inflation and the labor market that could feed into the Federal Reserve’s next moves. The benchmark hasn’t notched a gain or decline of more than 0.5% in seven trading sessions, its longest such streak since February, according to Dow Jones Market Data.

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WSJ /  🏆 98. in AU

Not selling 🦍🦍🦍

Ape 🦍

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Visit the Reddit SUPERSTONK for peer reviewed journalistic integrity.

$GME is the only way

Led by a CEO offering short sellers direct sells to cover their positions after the float keeps being eaten up.

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Meme Stocks Gyrate After AMC Files to Sell More SharesThe influence of online traders on the stock market showed no sign of abating with shares of AMC, BlackBerry and other “meme stocks” experiencing steep swings ahead of the opening bell Thursday Weren't these shares sold back in April with the public filing taking place now? This is FUD. The shares were sold in late April. THESE IS A BOLD FACE LIE, the shares were filed in April. Stop trying to create FUD to slow the stock price you damn schills!!
Source: WSJ - 🏆 98. / 63 Read more »

Meme Stocks Crash: AMC Plunges After Investor Warning—Sparking $10 Billion SelloffFollowing a nearly unabated weeks-long run-up, shares of AMC Entertainment plummeted this morning—sparking a $10 billion selloff
Source: Forbes - 🏆 394. / 53 Read more »