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(Reuters) -Investors shorting "meme stock" AMC Entertainment Holdings are estimated to have lost about $512 million on Monday after a rally that sent the cinema operator's shares up more than 15% ...
GameStop and AMC weren't the only stocks caught up in this week's meme craze.While shares of the short-lived rally's flag bearers continued to unravel Friday, smaller meme-related equities ended ...
Interest in meme stocks started in 2020, [4] in what the U.S. Securities and Exchange Commission has called a "meme stock phenomenon". [12] The stock of American video game retailer GameStop has been one of the most popular meme stocks, [13] [14] with mass purchases of the stock leading to a short squeeze on GameStop in early 2021. [5]
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.
Stocks with high short interest have dominated the headlines in the finance world for a good […] Skip to main content. 24/7 Help. For premium support please call: 800-290 ...
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices.It comprises 503 common stocks which are issued by 500 large-cap companies traded on the American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average).
Other richly valued momentum names such as Palantir and AMD have sold off more than 10% in the past month as traders price in a more elevated interest rate backdrop — among other factors.
The AMC Gremlin (also American Motors Gremlin) [1] is a subcompact automobile introduced in 1970, manufactured and marketed in a single, two-door body style (1970–1978) by American Motors Corporation (AMC), as well as in Mexico (1974–1983) by AMC's Vehículos Automotores Mexicanos (VAM) subsidiary.