Famed short seller Jim Chanos sees an alarming trend in the market. “I’ve been on the Street [since] 1980 [and] not one bear market has ever traded above nine times to 14 times the previou...
Tag: meme stocks
Fear of missing out can be a killer for investors. How top advisors keep it at bay
Michael H | Digitalvision | Getty Images The fear of missing out, or FOMO, can be a powerful psychological force — and it may lead unwary investors to lose bundles of money, according to financial adv...
‘Pharma Bro’ Shkreli Plots Post-Jail NYC Return—Seeks Home In ‘Dope Building With Sick Views’
Topline ‘Pharma Bro’ Martin Shkreli, a former hedge fund manager who was convicted of securities fraud in 2017 and released from prison this past May, has made a big re-emergence on social media in re...
Top Meme Stocks And Meme Stock Rallies
Meme stocks, rallies. Getty Images Key Takeaways Many experts thought the meme stock movement would be limited to the pandemic when people were bored at home and looking to stir the pot. However, meme...
APE Stock Halted, AMC Plummets In Volatile Open For New Dividend
Updated at 3:25 pm EST AMC Entertainment’s (AMC) new preferred dividend, which carries the ticker symbol APE, were halted just minutes after their debut on the New York Stock Exchange Monday a...
Dow Falls 400 Points As Experts Warn Bear Market Rally Is ‘Grinding To A Halt’
Topline The stock market continued to fall on Monday after the summer rally on Wall Street fizzled out last week, with investors once again growing nervous about aggressive interest rate hikes from th...
AMC Stock Plummets on Cineworld Bankruptcy Option, APE Dilution
AMC Entertainment (AMC) shares plunged lower Monday after the movie theatre chain’s largest rival, Cineworld, confirmed it’s considering a Chapter 11 bankruptcy filing in the United Stat...
Bed Bath & Beyond Jumps 30% As Meme-Stock Traders Snap Up Shares Despite Analyst Warnings
Topline Despite analyst warnings about “unrealistic” valuations, shares of Bed Bath & Beyond surged up to 70% on Tuesday as retail investors from Reddit’s WallStreetBets piled into the stock after...
A $470 Billion Error? What’s Driving AMTD (HKD), GameStop (GME), AMC And Other Meme Stocks
GameStop SOPA Images/LightRocket via Getty Images Are Reddit traders back at it again? After listing in New York, a small, obscure Hong Kong company called AMTD Digital (HKD) exploded a crazy 14,000% ...
Everything The Markets Have Wrong About GameStop (and One Thing They Have Right)
NEW YORK, NEW YORK – SEPTEMBER 16: People pass a GameStop store in lower Manhattan on September 16, … [+] 2019 in New York City. GameStop has announced that they will be closing between 18...
AMC’s New Shares Spark Controversy
Getty Images Key takeaways AMC plans to issue a special one-time “dividend” to investors in the form of preferred shares The company has also applied to list its new preferred stock under the NYSE tic...
Chairman Of World’s Hottest Stock AMTD Now Worth Nearly $37 Billion, More Than Li Ka-Shing
Calvin Choi controls AMTD Digital, the world’s hottest stock right now, through a web of companies. Forbes estimates his holdings make him Asia’s sixth-richest person, at least on paper, but few think...
HKD, AMTD, WTF? The stock you haven’t heard of that’s up 30,000% in 2 weeks
Contents AMTD Digital (HKD): What do they do? The Rise of AMTD Digital Stock Summarizing AMTD Digital (HKD)’s Mysterious Run We’re going to establish the number one most important thing right out of t...
Bed Bath & Beyond Stock Jumps Over 20% After New CEO Buys 50,000 Shares
Topline Shares of brick-and-mortar retailer Bed Bath & Beyond surged higher on Thursday following the disclosure of several insider purchases—including new CEO, Sue Gove—as top executives at the c...
The Value In Value
“One damned thing after another” was Churchill’s concise (though perhaps misattributed) definition of history. These days, it seems more than apt. Whether it’s $6 gas, 8.6% inflation, 6% mortgage rate...
S&P 500 Hits New 2022 Low As ‘Staggering’ Market Losses Continue
Topline Markets fell despite a rebound late in the session on Thursday, continuing one of the worst starts to a year in history as mounting losses dragged the benchmark S&P 500 index to a new low ...
GameStop Trading Halted, AMC Jumps
Topline Shares of two meme stocks surged higher on Thursday, boosted by retail investors despite the wider market selloff, as GameStop’s stock was halted several times for volatility after rising more...
Robinhood Shares Jump 4% After Deal To Buy UK Crypto App Ziglu
Topline Shares of popular stock trading app Robinhood rose roughly 4% on Tuesday after the company said it has signed a deal to buy Ziglu, a London-based cryptocurrency trading app, as it looks to lay...
Investing may be too complex for retail investors and brokers
As more cutting-edge investment products work their way into the marketplace, there’s growing fear retail investors and even professional brokers are getting in over their heads. Former SEC atto...
Cramer Called This $10 Billion Retailer a ‘Nothing Company’
GameStop (GME) – Get GameStop Corp. Class A Report has an enemy in Jim Cramer, who has been arguing with the r/WallStreetBets community over their seemingly endless alliance to the company. The...
Robinhood Takes a Shot at Fidelity, E-Trade With New Tool
Robinhood, the trading app used by many retail traders during the meme-stocks frenzy that began in 2020, is once again taking on its more traditional competitors by testing a stock-lending function in...
Billionaire Investor Charlie Munger Calls Crypto A ‘Disease’ And Praises China For Banning It
Topline Famed investor Charlie Munger, vice chairman at Berkshire Hathaway and longtime business partner of Warren Buffett, shared his investing thoughts at an annual address on Wednesday, in which he...
Meme Trading Is Not Dead—It Will Continue To Rile Markets
Of all the trends that have emerged out of the pandemic, one of the most watched in the financial arena was the rise of meme stocks. Online traders, often young and inexperienced, banded together via ...
How The Meme Stock Revolution Can Help Explain Wall Street
The Revolution that Wasn’t U.S. Cover Spencer Jakab has done it again. He’s produced a book that tackles a complex piece of recent history, and yet makes it understandable and entertaining for t...
Robinhood Shares Plunge Amid Gloomy Revenue Outlook Just One Year After Meme Stock Mania
Topline Shares of popular stock trading app Robinhood tumbled nearly 10% after the company reported fourth quarter earnings that failed to impress investors, while also issuing a grim revenue forecast...
How AMC rode the meme stock rally to revitalize its business
The AMC Burbank 16 and the Batman bronze statue in Downtown Burbank. AaronP/Bauer-Griffin | GC Images | Getty Images After a year of massive stock gains, AMC Entertainment shares are starting to cool ...
AMC reportedly in advanced talks to refinance debt
A man walks past the AMC Georgetown 14 Theatres in Washington, DC on June 3, 2021. Mandel Ngan | AFP | Getty Images AMC Entertainment is fast-tracking its plan to refinance its debt, according to a ne...
Pop: Bubbles Are Bursting Everywhere
Bubbles in risk assets, including Bitcoin and a lot of other speculative nonsense, are finally bursting, showing why intrinsic value matters after all—and why the laws of economics, though recently su...