News Formal

Meme stocks ride on, though investors more cautious than GameStop era

대한민국 뉴스 뉴스

Meme stocks ride on, though investors more cautious than GameStop era
대한민국 최근 뉴스,대한민국 헤드 라인

More than two years since a breathtaking surge in shares of GameStop captivated Wall Street, the meme stock phenomenon continues to defy predictions of its demise. Yet the retail investors who have driven past meme stock moves appear to have become more cautious after last year's market selloff, while rallies in the shares of the often small and heavily-shorted companies bearing the meme stock label have tended to be more fleeting. Here are some charts illustrating what has changed, and what has not, in meme stocks.

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

NEW YORK - More than two years since a breathtaking surge in shares of GameStop captivated Wall Street, the meme stock phenomenon continues to defy predictions of its demise.

The Roundhill MEME ETF, which tracks the performance of a basket of meme stocks, is down about 55% from where it started trading in December 2021, though up about 38% for the year. Individual investors may still be licking their wounds after a drubbing in markets last year, with the average retail portfolio off between 20% and 25% from its all-time highs, compared to the S&P 500, which is off 8.3% from its 2022 peak, said Marco Iachini, Vanda's senior vice president.

Jonathan Krinsky, chief market technician at BTIG, said the most recent rally in suggested traders had been hunting for "lower quality" stocks they believed could catch up with shares that had already soared.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

YahooFinanceCA /  🏆 47. in KR
 

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Meme stocks ride on, though investors more cautious than GameStop eraMeme stocks ride on, though investors more cautious than GameStop eraThe phenomenon continues to defy predictions of its demise.
더 많은 것을 읽으십시오 »

Stock market today: Wall Street rises in early trading, though bond yields remain highStock market today: Wall Street rises in early trading, though bond yields remain highNEW YORK (AP) — Stocks are opening slightly higher on Wall Street following some encouraging profit reports from big companies. The S&P 500 was up 0.3% early Thursday, trimming its slump for August.
더 많은 것을 읽으십시오 »

Stock market today: Wall Street slumps again as higher bond yields keep bitingStock market today: Wall Street slumps again as higher bond yields keep bitingNEW YORK (AP) — Wall Street fell for a third straight day as rising yields in the bond market keep cranking up the pressure. The S&P 500 lost 0.8% Thursday, with August on track to be its worst month of the year by far.
더 많은 것을 읽으십시오 »

Stock market today: Global shares decline after Wall Street drops on higher bond yieldsStock market today: Global shares decline after Wall Street drops on higher bond yieldsTOKYO (AP) — Global shares mostly slipped Friday as rising yields in the bond market on Wall Street set off expectations that high interest rates would continue in the U.S. France's CAC 40 declined 0.9% in early trading to 7,126.02. Germany's DAX dipped 0.8% to 15,553.22. Britain's FTSE 100 shed 0.8% to 7,255.18. U.S. shares were set to drift lower with Dow futures down 0.1% at 34,503.00. S&P 500 futures fell nearly 0.1% to 4,381.75. Japan’s inflation data showed consumer prices rose 3.1% from a
더 많은 것을 읽으십시오 »



Render Time: 2025-01-13 14:23:05