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Meme stocks extend short-squeeze rally to massive 100%+ gains with GameStop and AMC leading the way

"All this feels like an echo of early 2021, when this account helped fuel a vicious short squeeze i…

Matthew Fox   


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2 mins read

The meme-stock rally is dead as reality sets in amid GameStop's warning on revenue and plan to sell 45 million shares

GameStop shares on Friday were back to levels they were trading at last week, having erased nearly …

Matthew Fox   


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JPMorgan's bearish quant guru says the meme-stock resurgence is a bad sign for markets

"It is possible, but historically and statistically unlikely, that this time is different," JPMorga…

Matthew Fox   


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Stock market today: Dow ends 8-day win streak as market braces for inflation data

Monday's mixed trading day saw shares of GameStop and AMC Entertainment deliver intra-day gains of …

Matthew Fox   


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AMC cancels vote on the sale of 25 million new shares after investors diverge from CEO and rally against it

AMC stock jumped as high as 5.9% as the movie theater chain called off vote on the sale of millions…

Emily Graffeo   


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AMC CEO Adam Aron says he's finished selling shares after offloading another $7.1 million worth of stock in the movie theater chain

Aron has sold more than $40 million worth of shares in the company since he announced the planned s…

Natasha Dailey   


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AMC is worth $1 per share as its current stock price doesn't reflect fundamental value, stock market analyst says

Loop Capital Market's Alan Gould reiterated his $1 price target and said AMC "does not reflect fund…

Will Daniel   


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4 mins read

Meme stocks are back in fashion. Here's how to find one.

In today's big story, we're breaking down how to identify a meme stock.

Dan DeFrancesco   


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Reddit favorite AMC jumps another 23% after raising $230.5 million to 'go on offense' with acquisitions

"With our increased liquidity, it is time for AMC to go on the offense again," CEO Adam Aron said a…

Carla Mozée   


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AMC Entertainment plunges 22% after the struggling meme stock proposes a reverse stock split and APE share conversion

AMC Entertainment needs the cash because it hasn't seen a profitable quarter since June 2019, when …

Matthew Fox   


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AMC Entertainment plunges 23% after it settles lawsuit to convert APE units into common stock

AMC shareholders had previously voted down a measure that would have given the company the authorit…

Matthew Fox   


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AMC CEO Adam Aron has led insider sales at the theater chain as executives cash out $70 million in 2021

Aron sold $25 million worth of shares earlier this month in an effort to diversify his estate plann…

Natasha Dailey   


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US stocks drop as investors weigh inflation concerns against reports Biden may pare tax hikes

US stocks pared earlier losses but closed lower on Thursday as investors mulled a new report that B…

Emily Graffeo   


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US stocks drop as investors mull impact of jobless data on inflation and Fed policy

All major US indices were down as investors mulled how strong jobless data will impact Fed policy a…

Emily Graffeo   


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AMC pares steep losses after the Reddit favorite raises nearly $590 million in new share sale

AMC said investors risk losing all or a chunk of their investment, with the caution coming as the c…

Carla Mozée   


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AMC wants to issue 25 million more shares after a 2,300% rally this year, to help it chase acquisitions 'hard'

AMC has raised around $800 million through share sales in recent days, but it now wants to further …

Harry Robertson   


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AMC board members cash in another $4.8 million worth of shares as meme-stock madness pushes the stock to eye-watering heights

AMC insiders have scored about $13 million in profits over the past two weeks thanks to the Reddit-…

Natasha Dailey   


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4 mins read

'Abercrombie & Fitch is cool again': A WallStreetBets post from 2 years ago nailed the clothing retailer's 305% meme-stock spike

At the time of the Reddit post, Abercrombie & Fitch stock traded at just over $32 per share, which …

Matthew Fox   


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Carla Mozée   


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AMC surges 126% as Reddit cheerleaders overpower large hedge-fund share sale

Mudrick Capital dumped millions of AMC shares the same day the stock sale was disclosed, though the…

Natasha Dailey