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 Research chart analyst Rob Ginsberg claims as much with his latest coverage of the meme stock frenzy. According to him, the sign for this is major meme stocks falling just one day after the short squeeze rally started.Ginsberg said the following about this in a note to clients obtained by CNBC.“As the past 3 sell signa ...

GameStop and AMC slumped on Wednesday as the “meme stock rally” driven by the surprise return of “Roaring Kitty” showed signs of fizzling out.Shares of GameStop were down by 31%, to $32.40 per share, after posting sizable gains in each of the previous two trading sessions. AMC sank about 25% to $5.10 per share. 4 Roaring Kitty’s real name is Keith Gill.The two firms had gained more than $11 billion combined in market value since the start of the week.Even the comeback of Roaring Kitty – the retail invest ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. AMC Entertainment (AMC) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.AMC Entertainment is a member of our Consumer Discretionary group, whi ...

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. The most notable examples are GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC), which surged by more than 100% in value in just a few trading sessions.The short squeeze has prompted investors to look for other short-interest targets that could spike in value and thus potentially replicate the gains that AMC and GME stocks brought to investors. According to var ...

Meme stocks reversed sharply lower early Wednesday as GME stock and AMC shed some gains from the week's massive rally. Meanwhile, AMC moved to use the gains to scratch off more debt.X AMC Theaters (AMC) on Wednesday said it entered a private debt/equity swap agreement to exchange 23.3 million shares of newly-issued stock in exchange for $163.9 million worth of company bonds due in 2026. The shares were issued at an average price of $7.33 per share, according to the filing. The deal is part of a larger effor ...

Key PointsAMC stock is attempting to join GameStop in what could be the revival of meme stocks.Focusing on fundamentals, investors will soon find out why these stocks fall under the 'meme' category.Facing severe dilution in AMC's lack of cash flow, investors could be better off without this added risk.5 stocks we like better than SquarespaceThe meme stocks saga of 2021 marked one of those historical moments in financial case studies. Unfortunately, it will be tied to those like the Tulipmania during the 160 ...

On May 10th, large volumes of deep out-of-the-money GameStop options were purchased. (Photo ... [+] Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesA 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 retail traders, are experiencing a renaissance reminiscent of their meteoric rise in 2021.GameStop G ...

GameStop and AMC logged further gains in premarket trading as the broader meme stock frenzy fizzled early on its third day, with Blackberry shares flat and Koss edging lower.Brick-and-mortar video game retailer GameStop was up 10.16% at 6:40 a.m. E.T., while movie theatre chain AMC rose 9.20%.Other so-called "meme stocks" were mixed in pre-trading. Shares of one-time popular smartphone maker BlackBerry were up just 0.58% and headphones manufacturer Koss fell 4.39% at 06:42 a.m. E.T.The meme stock craze resu ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Amidst the recent meme stock rally that has seen GameStop (NYSE: GME) and BlackBerry (NYSE: BB) make exceptional price gains in a short time, the shares of AMC Entertainment (NYSE: AMC) are among the winners of the bullish momentum, and more advances could be in store.As it happens, AMC stock has recorded massively high options trading activity, resulting in the company raising around $250 million of new equity capital through the sale of 72.5 million shares at an average price of $3.45 as part of its previ ...