Meme stocks like AMC and GameStop are surging again, driven by retail investors and the return of "Roaring Kitty" on Reddit. However, this is likely bad news for dividend stocks.
Hedge fund Renaissance Technologies added a new long position in GameStop and significantly increased its position in AMC Entertainment during the first quarter, putting it in position to benefit from
GameStop GME, -31.55% and AMC Entertainment AMC, -22.69% were halted for trading 38 times on Tuesday. One might wonder what good those halts accomplished.
GameStop (NYSE: GME ) stock is experiencing trading halts on Wednesday as the video game retail company's shares retreat from the recent Roaring Kitty rally. These trading halts for GME stock are due
The massive meme stocks rally that caused several stocks to see major increases in price may already be over as the short squeeze of these shares runs out of steam earlier than expected. Wolfe Researc
The two firms had gained more than $11 billion combined in market value since the start of the week.
A top hedge fund built a GameStop stake from scratch last quarter ahead of the meme stock's surge. Renaissance Technologies' 1 million shares were briefly worth $65 million at Tuesday's high.

GameStop, AMC $11 Billion Stock Rally Fizzles Out

10:27am, Wednesday, 15'th May 2024
This week's renewed frenzy around meme-stock favorites GameStop Corp. and AMC Entertainment Holdings Inc. cooled off Wednesday, with shares of the high-risk, heavily shorted companies slumping. Bo
GameStop Corp. experienced a temporary trading suspension on Wednesday due to high volatility, as its shares plummeted by 25% shortly after the market opened. The trading halt was a response to rapid
The dramatic rise of GameStop Corp GME shares, which jumped 118% in just two days, has caught the attention of many again. This surge happened alongside the return of Keith Gill, also known as "Roarin

Potential short-squeeze stocks to watch

09:48am, Wednesday, 15'th May 2024
Recent days have been marked by enormous losses measured in billions that short-sellers have endured due to the spike in prices of meme stocks.
Amid a recently sparked meme stock rally, which has seen shares of GameStop (NYSE: GME), AMC Entertainment (NYSE: AMC), and BlackBerry (NYSE: BB) make massive price increases, the CEO of GameStop, Rya
The meme-stock rally that sent shares of GameStop Corp. and AMC Entertainment Holdings Inc. surging this week has briefly overshadowed inflation in traders' minds, according to Stocktwits, the social

Meme Stocks Are Reliving Their 2021 Glory Days

08:13am, Wednesday, 15'th May 2024
A familiar phenomenon has resurfaced, capturing the attention of investors and analysts alike. Meme stocks, those unconventional, often-struggling companies that garnered a cult-like following among r
The meme rally that swept up shares of GameStop Corp. this week will likely play out as a series of “descending spikes” in the company's share price, according to market cycles expert Dr. Richard
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