AMC is no longer the top stock holding of Gen Z investors. Plus, the bull case for Cameco and surging energy stocks

Enthusiasm around “meme stocks” has eased for young investors a year on from the GameStop Corp trading frenzy, with Gen Z’s attention shifting to companies in areas like electric vehicles and the “metaverse,” according to a report released on Friday.

AMC Entertainment slipped from the No. 1 spot in the top 100 ranking of stocks for the first time in several quarters, to No. 3, said the report, which analyzed more than 1 million Gen Z accounts held by Apex’s clearing arm. Electric vehicle startup Rivian Automotive Inc, which went public in November, debuted at No. 44, while Chinese EV maker NIO held the No. 8 spot and Ford Motor Co was No. 19.

“There’s a lot more interest in metaverse,” Apex Chief Executive Officer Bill Capuzzi said in an interview. “As more NFT companies become public, we’ll probably see them move in to the top 100.”

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ossoff, Hawley introduce bills that would ban U.S. lawmakers from trading stocksTwo U.S. senators from different sides of the aisle have both introduced similar bills that would ban lawmakers and their families from buying and selling stocks while in office. Hawley's a surprise! Pelosi, while I admire the way she cunningly sticks it to the Redeplorables, I also recognize that she is a swampmonster who has generated $80mil in the last 10 yrs thanks to her insider knowledge. Cryptocurrency allows you to invest in your future. Learning how cryptocurrency works is like learning a new language. It is incredibly difficult at the beginning, but once it clicks it will stick with you forever.
Source: CTVNews - 🏆 1. / 99 Read more »

Asian stocks retreat as inflation augurs Fed rate hikesShares were mostly lower in Asia on Thursday after the latest report of surging prices in the U.S. appeared to keep the Federal Reserve on track to raise interest rates in coming months.
Source: CTVNews - 🏆 1. / 99 Read more »