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3 Meme Stocks That Could Cost You as Much Money as GameStop and AMC.
investorplace.com· 2024-05-23 03:31
After an unexpected rally sent meme stocks surging last week, things appear to have settled down. When Keith Gill — the man credited with helping launch the GameStop (NYSE:GME) short squeeze of 2021 — unexpectedly returned to X, the r/WallStreetBets crowd rejoiced. This momentum sent meme stock favorites like GME and AMC Entertainment (NYSE:AMC) to impressive heights. However, predictably, the trading frenzy has since run out of steam. Halfway into this week, the meme stocks that skyrocketed on the back of ...
Robert F. Kennedy Jr. Just Bought $24,000 of GameStop (GME) Stock
investorplace.com· 2024-05-22 23:08
文章核心观点 - 独立总统候选人罗伯特·F·肯尼迪Jr.宣布持有GameStop(NYSE:GME)2.4万美元的股份 [1][2][3] - 肯尼迪表示,他使用起诉蒙萨托公司获得的赔偿金来进行这笔投资 [1] - 肯尼迪提到了Roaring Kitty和AMC Entertainment(NYSE:AMC),但没有披露在后者的持股 [2] - 肯尼迪表示,抵制"掠夺性做空"是他持有GME股票的原因之一 [2] 公司概况 - GameStop股价在肯尼迪的投资消息后受到关注 [1][3] - GameStop最近宣布将发行并出售最多4500万股股票,所得款项将用于一般公司用途 [5] - GameStop公布了2023年第一季度的初步财报,净销售额预计为8.72亿美元至8.92亿美元,同比下降;净亏损预计为2700万美元至3700万美元 [6] - GameStop预计现金及现金等价物将在10.73亿美元至10.93亿美元之间,较上年同期的13.1亿美元有所下降 [6]
The GameStop Trap: 3 Reasons GME Stock Is NOT Back
investorplace.com· 2024-05-22 21:15
Bloomberg columnist Matt Levine wondered on May 13 if GameStop (NYSE:GME) was back. He was speaking about the video game retailer’s 70% surge in its share price after Keith Gill, a celebrity investor known as “Roaring Kitty”, posted on X (formerly Twitter) for the first time since June 2021. Everyone and their dog has since provided GameStop stock analysis about the meme stock’s comeback. The 70% jump in GME stock proves the brokenness of the markets, and investors have forgotten that fundamentals rule the ...
GameStop stock trader turns $27,000 into $2 million
finbold.com· 2024-05-22 19:01
The renewed GameStop (NYSE: GME) mania has shown that the trading community wields a significant impact on the stock market and can make substantial movements in stock valuations, turning thousands into millions. Exactly this happened to an anonymous trader on May 17, as his initial $27,000 investment in call options became $2 million worth of profit. Trader turns $27,000 into $2 million with GME stock call options. Source: Unusual Whales The news came as a response by Unusual Whales to a post from Robert F ...
RFK Jr. says he invested $24,000 in GameStop after brief meme stock revival
cnbc.com· 2024-05-22 06:27
Independent U.S. presidential candidate Robert F. Kennedy Jr. hikes in the Santa Monica Mountains in Los Angeles on March 18, 2024. Robert F. Kennedy Jr., the third-party challenger to President Joe Biden and former President Donald Trump in the 2024 election, said Tuesday that he had invested $24,000 in the meme stock GameStop, in an effort to show solidarity with retail investors over large, institutional funds. "My administration will support the Ape retail rebellion and enact aggressive Wall Street refo ...
GameStop Stock Analysis: Let's Not Do 2021 Again, Please
investorplace.com· 2024-05-21 18:30
Video game retailer GameStop (NYSE:GME), along with global movie-theater chain AMC Entertainment (NYSE:AMC) and a handful of other companies, are the talk of Wall Street again. It feels like 2021 all over again, but that’s not necessarily a good thing for sensible investors. After delving into the company’s financial facts, you’ll hopefully be convinced to stay away from GameStop stock. If you’re a day trader who flips GameStop shares for a quick buck, that’s a different story entirely. My message is for se ...
Invest in the Underestimated: 7 Bargain Stocks Poised to Prove Wall Street Wrong
investorplace.com· 2024-05-21 03:02
As inflation remains increasingly sticky, finding undervalued stocks to buy has become increasingly difficult. Meme stocks like GameStop (NYSE:GME) continue climbing despite rapidly approaching market saturation, which could leave retail traders holding the bag when the music stops. Even if inflation cools consistently, goods and services remain significantly higher than two years ago. This discrepancy arises because inflation measures ongoing price growth rather than actual price levels, resulting in persi ...
Ignore GME and AMC: Faraday Future Is the Meme Stock to Watch
investorplace.com· 2024-05-21 02:21
On May 12, 2024, the internet cheered as the man credited with launching the GameStop (NYSE:GME) short squeeze of 2021 returned to social media. Keith Gill, better known by the online alias “Roaring Kitty,” randomly shared a drawing of a gamer on X after a multi-year hiatus from the platform. The post did not have much context, but it quickly sparked a meme stock trading frenzy, sending favorites such as GME and AMC Entertainment (NYSE:AMC) into the green. A week later, the meme stock rally has died off, bu ...
Roaring Kitty's Rally Cry: 3 Meme Stocks to Pounce On Now
investorplace.com· 2024-05-21 01:37
GameStop (NYSE:GME) and AMC (NYSE:AMC) meme stocks rose substantially last week, gaining over 70%. The return of ‘Roaring Kitty’, prominent investor Keith Gill, has traders wondering which meme stocks to buy next. After three years away from publicity, the trading crowd seems to be hyped up again. Markets have more experience in sharply moving meme stocks now due to retail traders’ participation in coordinating on social media in 2021. Hedge funds are more cautious of unconventional short squeezes, while th ...
GameStop's (GME) Preliminary Results Highlight Soft Q1 Sales
zacks.com· 2024-05-21 01:11
GameStop Corp. (GME) has released preliminary financial results for the first quarter of fiscal 2024, highlighting a tumultuous period for the retailer, with a significant drop in sales and strategic financial maneuvers. According to the report, net sales for the quarter are expected between $872 million and $892 million, suggesting a stark decline from the $1.237 billion reported in the prior-year quarter. This drop reflects the ongoing challenges within the retail sector and shifts in consumer behavior af ...