News Formal

‘Meme stock’ rally pauses, Redditors focus on biotech stocks

  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Small-time stock traders turned their attention to the biotech and healthcare sectors on Monday, lifting shares of some by as much as 10%, while the rally in stocks that were favored in recent weeks appeared to fade.

, which were at the center of the so-called "meme stock" rally this year, have seen their share price soar more than 1,100% since the end of December.

AMC shares were up 3.5% in early deals after jumping more than 300% in the past three weeks. GameStop shares rose 1.1%, while Vaxart was up 1.6%.jumped 12.5%. The company - which has a short interest of 18.25% of free float, according to Refinitiv data - was the top trending stock on Stocktwits, with a 26.9% jump in message volume.Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Top Wall Street analysts say these stocks are poised to deliver significant gainsTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Broadcom and Johnson & Johnson
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stocks making the biggest moves premarket: Novavax, Lordstown Motors, Phillips, Chipotle and othersThese are the stocks posting the largest moves before the bell.
La source: CNBC - 🏆 12. / 72 Lire la suite »