Meme stock frenzy begins to fizzle

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 20 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

AMC Entertainment News

Faraday Future Intelligent Electric,Keith Gill,Gamestop

Meme stocks have made a return after popular Reddit contributor Keith Gill, also known as 'Roaring Kitty,' returned to social media. Stocks like GameStop...

Meme stocks have made a return after popular Reddit contributor Keith Gill, also known as"Roaring Kitty," returned to social media. Stocks like GameStop saw a bump in trading but, as of Friday afternoon, are showing signs of fizzling out. Other companies, including small-cap stocks like Faraday Future Intelligent Electric forever. But there's another that's been a proven winner.

Deep out-of-the-money call options on GameStop stock saw an explosion in trading activity in the week prior to Roaring Kitty's social media return.This growth stock saw shares surge by 35% in the last few weeks on record earnings, but even more growth is on the way. The post The Ultimate Growth Stock to Buy With $1,000 Right Now appeared first on The Motley Fool Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This week's meme stock rally differs from 2021. Here's why.Meme stocks GameStop (GME) and AMC Entertainment (AMC) have spiked in trading after a contributor to Reddit's 'WallStreetBets' forum, Keith Gill ('Roaring...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

How GameStop helped Dogecoin, WIF rise 10% as memecoins surge 170%The meme market has witnessed significant growth in trading activity in the past 24 hours after GameStop stock trader Keith Gill posted on X.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Retail trading is back in a big way: WallStreetBets mod.Meme stocks like GameStop (GME) and AMC Entertainment (AMC) are surging in interest after Keith Gill, who goes by 'Roaring Kitty' on X (formerly Twitter...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »