GameStop, AMC continue to slide as meme stocks rally loses steam

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 39 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 92%

Week أخبار

Post,Amc,Investor

Euphoria over retail darlings continues to diminish

) continued their slide into premarket trading on Thursday, as the euphoria over the return of “Roaring Kitty,” who was the central figure in 2021 meme stock rally, fizzles out.

Despite the losses on Wednesday, the two companies were among the top three most-traded shares by retail investors during the session, data from J.P.Morgan showed, a position they have held every day this week. But unlike 2021 when Reddit users banded together to target highly shorted stocks that burnt bearish hedge funds, this time retail and institutional investors were part of the meme stock mania, Vanda Research, which tracks retail investor flows, said.. He did not respond to a Reuters request for comment on what the posts mean and whether he planned on making his investments public again.

Retail purchases of GameStop eased to $5.7 million in the previous session from $15.9 million on Tuesday, which was the highest this year, Vanda data showed.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 5. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

GameStop, AMC slide as meme stocks rally loses steamShares of the struggling videogame retailer GameStop fell 16% to $33 after jumping as much as $64.83 so far this week. Theater chain AMC shed 13% following ...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »