Meme stocks return: Yahoo Finance Reports

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 38 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Gamestop ข่าว

Gamestop Stock,Financial Insyghts President Peter Atwater,Dramatic Surge

GameStop's stock recently experienced a dramatic surge, reminiscent of the 2021 meme stock phenomenon. On May 13, 2024, GameStop (GME) shares skyrocketed...

) shares skyrocketed more than 70% in just one day, reviving memories of the retail investor frenzy that captivated the financial world three years ago. This unexpected spike was triggered by afrom"Roaring Kitty," a key player in the initial meme stock craze. The stock plummeted more than 20% just a few days later when the video game retailer announced plans to issue more shares and released disappointing preliminary first quarter results.

This is the resurgence of meme mania if you will, which means all the discussion about fundamentals, is it fundamentally fair, overvalued, undervalued?The meme stock trades tend to only occur at extremes and sentiment. Because, you know, if we look at the relationship between, you know, stocks like gamestop and, and the broader markets, th this coincidental euphoria seems to be repeating over and over a stock rally already showing signs of fizzling out here.

This is kind of like the old days on the trading floor when there was a lot of noise in one in one pit, everybody would run that pit.This year, lots of, uh, of head winds for them and I don't see any way out of it.They're done shrinking their cost structure.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 47. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Key inflation report, meme stock craze continues: Yahoo FinanceInvestors are digesting key inflation data this morning following the release of the April CPI report. Economists expected the report to show deceleration...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

GameStop sinks on plans to issue more shares, stocks waver to end the week: Yahoo FinanceGameStop (GME) plummeted more than 20% after announcing it may issue up to 45 million additional shares. The video game retailer also released first quarter ...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

GameStop stock gains more than 100% as meme-stock market returns with a vengeanceGameStop stock stock surged again early Tuesday, adding to a 74% rise on Monday as meme stocks appear to be back in vogue.
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »