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Meme stock mania is back: Why everyone is talking about GameStop, AMC and more again
Participants in the meme-stock mania have demonstrated an almost cult-like ability to imagine scenarios where the firms' fortunes can be revived, creating astounding — and almost entirely speculative — run-ups in their share prices.NBC News - Top stories -
Plug Power’s stock jumps as much as 70% after long-awaited funding announcement
Plug Power delivered a long-awaited funding announcement on Tuesday morning that looked set to fuel a major stock gain.MarketWatch - Business -
SunPower, MicroCloud Hologram and other highly shorted names are riding the meme-stock wave
Meme-stock mania is sweeping up numerous heavily shorted names, beyond the obvious subjects like GameStop and AMC Entertainment.MarketWatch - Business -
AMC completes $250 million stock sale during meme rally, shares jump 30%
AMC shares soared following news of the sale and was paused for volatility at one point.CNBC - Business -
Stock market could suffer ‘ugly’ day if April CPI comes in above this level
A Wall Street analyst breaks down what would make for a “good, bad or ugly” market response to Wednesday’s CPI data.MarketWatch - Business -
College football coach rankings: How each coach in bottom 10 can elevate their stock in 2024 season
The bottom 10 coaches in the Power Four featured several first-time leadersCBS Sports - Sports - College Football -
Another subdued day for stocks. Here's our latest thinking on 4 portfolio names including a 'coiled spring'
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Five things to know about meme stocks like GameStop and AMC — and why they’re hot again
Once again, Roaring Kitty is at the center of the meme-stock crazeMarketWatch - Business -
GameStop’s meme-stock rally is a ‘short-term baseless frenzy,’ brokerage CEO says
The meme rally that sent shares of GameStop Corp. soaring this week will likely peter out in a couple of days, says Dan Raju, the CEO of cloud-based financial-services provider Tradier.MarketWatch - Business -
Reddit shares close near record after two-day rally driven by meme stocks
Reddit shares popped Tuesday after retail traders kicked off a meme stock buying frenzy.CNBC - Business -
Investors are suddenly pickier about stocks near record highs as inflation sticks around
Investors suddenly have gotten more picky in the past month about which segments of the stock market they want to buy, as stubborn aspects of inflation keep getting in the way of Federal Reserve interest-rate cuts.MarketWatch - Business -
AMC's meme stock windfall may help it pay down a massive debt load
The last time these retail investors rallied around AMC, it avoided bankruptcy. Now, it has a chance to put a dent in its substantial debt load.CNBC - Business -
2024 NBA Draft Combine takeaways: KJ Simpson boosts stock, Jamal Shead goes nuts, Bronny James blends in
Elsewhere in the Windy City, remember Trentyn Flowers?CBS Sports - Sports - NBA -
Global stock markets at record high ahead of crunch US inflation report – business live
Rolling coverage of the latest economic and financial news. In the City, profits at Burberry have dropped by 40% as the luxury goods market continues to struggle.. Burberry’s profits fell to £383m in the 12 months to the end of March, down from ...The Guardian - World -
GameStop, AMC decline as meme stock rally fizzles after just two days
GameStop and AMC shares fell as the meme stock trading frenzy showed signs of fizzling early on its third day.CNBC - Business