AMC, GameStop shares rally - are meme stocks back?

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 53%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

AMC, GameStop shares rally - are meme stocks back?

Some have speculated that Reddit's recent successful IPO ignited the rally, and while that may have helped GameStop shares' recent run, there may be another reason for the strong move in both stocks premarket Monday. On X , a tweet fromheavily invested in GameStop throughout 2020, believing the company was undervalued. He shared his bullish thesis on Reddit's WallStreetBets forum.

During 2020 and 2021, mem stock mania resulted in GME and AMC hitting record highs as retail traders on the WallStreetBets Reddit, inspired by Gill's confidence and fueled by social media, piled into GME en masse, sparking a buying frenzy. AMC, another heavily shorted stock, followed a similar trajectory, with its price soaring due to retail investor enthusiasm.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 450. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama