Gamestop, AMC: Why are meme stocks rallying again?

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GameStop and AMC Entertainment have again captured retail investors' attention, reminiscent of 'the meme stock frenzy' that gripped Wall Street three years ago.

GameStop and AMC Entertainment have again captured retail investors' attention, reminiscent of"the meme stock frenzy" that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally"Roaring Kitty."Roaring Kitty and his sketch

Retail market order as a percentage of total market volume increased to 17.5% on May 13 from 14.1% on May 1, J.P.Morgan data showed.Meme stocks refer to certain company shares that have been boosted by retail investors using trading platforms and social media investment advice. A Japanese company has announced it will build an approximately $1.6-billion plant in Ontario's Niagara Region that will make a key electric vehicle battery component as part of Honda's supply chain in the province.The BC NDP have tabled legislation aimed at stopping people who have committed certain heinous acts from changing their names.Manitoba Premier Wab Kinew will get a close-up look at the devastation from a large wildfire burning in northern Manitoba Tuesday.

A Japanese company has announced it will build an approximately $1.6-billion plant in Ontario's Niagara Region that will make a key electric vehicle battery component as part of Honda's supply chain in the province.Edwin Mostered spent thousands of dollars booking a vacation home in Whistler, B.C., for a group skiing trip earlier this year – or so he thought.

A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.The threat of zebra mussels has prompted the federal government to temporarily ban watercraft from a Manitoba lake popular with tourists.

A forensics expert has testified DNA of a victim of an admitted serial killer was found on a jacket but was not enough to determine the woman's identity.One man is in custody following an investigation that saw over a kilogram of cocaine seized as well as an array of drug trafficking paraphernalia.A woman says her husband was turned away from a Saskatchewan detox facility because of a disability he lives with, which brought the centre under scrutiny in the legislature on Monday.

 

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