Meme mania returns as GameStop and AMC stocks soar

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 99%

España Noticias Noticias

España Últimas Noticias,España Titulares

Shares of meme stock darling GameStop soared 10 per cent Thursday, prompting trades to be halted several times due to volatility. But there was no specific news to justify or explain the big pop.

and other meme stocks are rallying? They may be getting a lift from what's known as a short squeeze.

It's a very risky strategy, though. If a shorted stock goes up from the price the short seller purchased it, the investor can lose a lot of money. Investors in AMC and other meme stocks even have an acronym to describe this phenomenon: MOASS, which stands for Mother of All Short Squeezes.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 1. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares