Search results
Results from the WOW.Com Content Network
The meme stock phenomenon ultimately led to congressional hearings and a movie was even made about the ordeal in 2023 called “Dumb Money.” Meme stocks: Why they’re making a comeback in 2024
Meme stocks are back. One day after an account associated with the phenomenon posted for the first time in years on the X social media platform, shares in companies that have been linked to ...
The post has garnered 63,000 likes in 13 hours. ... another meme stock, jumped 75% Monday, while Reddit traded 9% higher. ... Short selling is a strategy in which investors borrow shares of a ...
Alibaba stock was up 4% on Friday, extending gains from Thursday's session when it jumped 8% after strong earnings. Shares were trading at $142.60 around 10:30 a.m. ET. Read the original article ...
In fact, the recent price action in the meme stocks that produced volatility triggers seems to be explained more by idiosyncratic factors and general market volatility than by any latent ...
Short-sellers aim to turn profits on a stock by borrowing shares, selling them and returning them after purchasing them at a lower price. Shares of AMC Entertainment, another meme stock, popped 78 ...
This week's meme action started on Monday following the re-emergence of Keith Gill, also known as "Roaring Kitty," whose bull case on GameStop ignited the meme stock rally back in 2021.
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a ...