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%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

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.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 1. in İT

Italia Ultime Notizie, Italia Notizie