Shares of videogame retailer GameStop Corp and movie theater operator AMC Entertainment Holdings Inc each more than doubled on Wednesday, continuing a torrid run higher over the past week, as amateur investors again piled into the stocks, forcing short-sellers such as Citron and Melvin to abandon their losing bets.
“Given the continued concerns around COVID and disappointingly slow rollout of the vaccine, the US economy is likely to lose momentum in the first quarter of the year,” said Seema Shah, chief strategist at Principal Global Investors in London. FILE PHOTO: Traders work on the floor of the New York Stock Exchange, in New York, NY, U.S., April 30, 2018. REUTERS/Brendan Mcdermid/File Photo
In a week packed with quarterly earnings from mega-cap companies, Microsoft Corp initially rose after its results as the software maker continues to benefit from remote working and learning trends globally but erased most of those gains as part of the broader market slump and ended up 0.25%. These heavyweight majors have recently come back into favor after blowout results from streaming giant Netflix Inc, and as investors dumped economy-linked banks, energy and small-cap stocks.
Walgreens Boots Alliance Inc was a bright spot on the day, as shares rose 4.05% after the drugstore chain named the outgoing chief operating officer of Starbucks, Roz Brewer, as its CEO.
EfeitoBiden
I can't make you a billionaire but I can teach you how to earn $5,500 in every 48hours ask me HOW, and inbox me now.!!! WhatsApp:+1 (703) 214-7141
Boo Biden!
Voila, this is what it should be done but not there, in the ICC Court instead! Ah, forgotten 😂 that ICC is the highest court in the Universe (even in the Space), not in the US court! (Thieves said) To be continued...