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Michele "Mish" Schneider, Marketgauge.com partner and director of trading research & education, joins Yahoo Finance's Jared Blikre to discuss trading methods around AMC and other meme stocks.
At the market close on Monday, AMC stock had risen more than 78% while GameStop had rallied nearly 75%. The moves higher continued, with both AMC and Gamestop shares roughly doubling in price .
AMC Entertainment Holdings, Inc. : AMC Chief Executive Adam Aron said on Thursday to Yahoo Finance Live that the company will still accept cryptocurrencies, despite the collapse of FTX. The stock ...
Other stocks rallying at eye-watering rates include AMC Entertainment Holdings, Blackberry and headphone-maker Koss Corp. These firms have been generally unloved by most mainstream investors, as ...
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...
Click here for in-depth analysis of the latest stock market news and events moving stock prices. Read the latest financial and business news from Yahoo Finance Show comments
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
AMC stock gained 19% to $22.18 at the close on Friday after initially falling following the announcement of the new units on Thursday. The preferred shares started trading under the "APE" ticker on the New York Stock Exchange starting Aug. 22. [83] AMC CEO Adam Aron stated "We are making great strides on our path towards pandemic recovery".