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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