Stock Market Wednesday
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GameStop in 2024: Another meme-stock bubble or did apes never leave?
The surge in GameStop may bring back memories of early 2021, but today’s investment landscape is fundamentally different.MarketWatch - Business -
'Roaring Kitty' Came Out of Hibernation. Is the Meme Stock Craze Back?
Short sellers have been burned by the resurgence of GameStop, AMC and other meme stocks.The Wall Street Journal - World -
Container Store evaluates potential deals as stock faces threat of delisting
Shares of Container Store Group Inc. fell Tuesday, after the storage- and organization-products retailer made a number of announcements that highlighted its recent troubles.MarketWatch - Business -
Who is Roaring Kitty and why is he causing a GameStop stock surge?
Shares of GameStop, the embattled video game retailer at the center of the 2021 meme stock frenzy, are surging again after the return of the "Roaring Kitty.” Roaring Kitty, who is legally known as Keith Gill, kicked off another stock market surge ...The Hill - Politics -
GameStop and AMC shares surge for second day in ‘meme stock’ revival
Video game retailer climbs more than 50%, while cinema chain up more than 20%Financial Times - Business -
Boot Barn’s stock sinks after it expects continued consumer caution in outlook
Shares of Western-wear retailer Boot Barn Holdings Inc. slid after hours on Tuesday, after the chain forecast sales trends for the fiscal year ahead that were below Wall Street’s expectations amid continuing tepid demand from shoppers.MarketWatch - Business -
Cramer warns against 'meme stock mania,' says to sell GameStop and AMC
AMC and GameStop soared after "Roaring Kitty," the man who helped bring on 2021's enormous short squeeze, posted online for the first time in about three years.CNBC - Business -
U.S. Goes After Firms Involved in Sanctioned Oligarch's Attempt to Sell Stock
U.S. Treasury sanctions three financial firms and a Russian national that it says were part of a circuitous plan to unfreeze $1.5 billion in shares owned by Oleg Deripaska.The Wall Street Journal - World -
Why bitcoin hasn't joined the latest meme stock craze this week
Bitcoin isn't running alongside meme stocks as it did three years ago.CNBC - Business - Crypto -
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 -
Novavax stock jumps 50% as Sanofi deal kicks off turning point for struggling vaccine maker
Novavax said the deal with Sanofi allows it to remove its "going concern" warning, which it first issued last year due to doubts about staying afloat.CNBC - Business -
Roaring Kitty is back and so are meme stocks. GameStop and AMC surge like it's 2021
The man at the center of the pandemic meme stock craze returned to the social platform X for the first time in three years and sent prices of those stocks surging overnightABC News - Tech -
‘Frankly stupid’: Fund manager weighs in on reignited meme stock frenzy as GameStop soars
Cole Smead, CEO of Smead Capital Management, told CNBC that it was "frankly stupid" that day traders were piling once again into GameStop and other meme stocks.CNBC - Business -
These stocks could see ‘immense’ profits as Canada’s economy sinks, says veteran trader
Veteran trader Kevin Muir is really bearish on Canada, and offers a couple ways for investors to play that.MarketWatch - Business -
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 -
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 -
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