GameStop Stock Rises, AMC Fall-To The Moon - Tiger Brokers Online Investing Community - To The Moon

GameStop Stock Rises, AMC Falls as the Meme Rally Sputters. What to Know.

The meme-stock rally looks set for a lackluster end to the week just days after shares in videogame retailer $GameStop(GME)$ and cinema chain $AMC Entertainment(AMC)$ popped.

In premarket trading Thursday GameStop was up 2.7% at $32.41 having jumped more than 100% on Monday to beyond $40 a share. While well off the heady highs from earlier in the week, the stock is still performing strongly -- over the past five days it's up 39.6%, and up 75.3% for the past month.

It was a similar story for AMC, which was down 1.2% at $5.09 in the premarket having closed up 11% Monday. The stock is still up on the week -- rising 21.8% the past five days and up 28.9% in the past month.

Both stocks had soared after a Reddit account tied to Keith Gill, the investor known as Roaring Kitty, had posted what appeared to be his position in GameStop on Sunday.

Meme stocks are companies that have gained popularity among retail investors through social media with their valuations not defined by traditional financial attributes such as earnings or sales growth.

@TigerStars @CaptainTiger @TigerWire @Daily_Discussion @Tiger_chat @Tiger_comments @MillionaireTiger

Party is Over? Will You Short GME?

GME ended the session lower by 12.1%, as the company’s rescheduled shareholder event wrapped up with no detailed remarks about its strategies. -------------------- What's your target price for GME? Will you go long or go short?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Will You Short GME?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":f484d0896f2c45dd8d1c54ac8a0ca7c2}&rnconfig={\"headerBarHidden\": true}","description":"GME ended the session lower by 12.1%, as the company’s rescheduled shareholder event wrapped up with no detailed remarks about its strategies.\n--------------------\nWhat's your target price for GME?\nWill you go long or go short?","image":"https://community-static.tradeup.com/news/ddbfc465f438b71bed361ca66432d811"}],"images":[{"img":"https://community-static.tradeup.com/news/d830af4aa0ddb0842d371ac5c8698627","width":"1015","height":"586"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/d830af4aa0ddb0842d371ac5c8698627","width":"1015","height":"586"}],"html":"<html><head></head><body><p>GameStop Stock Rises, AMC Falls as the Meme Rally Sputters. What to Know.</p>\n<p><br></p>\n<p>The meme-stock rally looks set for a lackluster end to the week just days after shares in videogame retailer&nbsp;<a href=\"https://ttm.financial/S/GME\">$GameStop(GME)$ </a>&nbsp; and cinema chain&nbsp;<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; popped.</p>\n<p>In premarket trading Thursday GameStop was up 2.7% at $32.41 having jumped more than 100% on Monday to beyond $40 a share. While well off the heady highs from earlier in the week, the stock is still performing strongly -- over the past five days it's up 39.6%, and up 75.3% for the past month.</p>\n<p>It was a similar story for AMC, which was down 1.2% at $5.09 in the premarket having closed up 11% Monday. The stock is still up on the week -- rising 21.8% the past five days and up 28.9% in the past month.</p>\n<p>Both stocks had soared after a Reddit account tied to Keith Gill, the investor known as Roaring Kitty, had posted what appeared to be his position in GameStop on Sunday.</p>\n<p>Meme stocks are companies that have gained popularity among retail investors through social media with their valuations not defined by traditional financial attributes such as earnings or sales growth.</p>\n<p><br></p>\n<p><a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;<a href=\"https://ttm.financial/U/3527667670347831\">@TigerWire </a>&nbsp;<a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion </a>&nbsp;<a href=\"https://ttm.financial/U/9000000000000522\">@Tiger_chat </a>&nbsp;<a href=\"https://ttm.financial/U/3501196737273098\">@Tiger_comments </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger </a>&nbsp;&nbsp;</p>\n<img src=\"https://community-static.tradeup.com/news/d830af4aa0ddb0842d371ac5c8698627\" tg-width=\"1015\" tg-height=\"586\"></body></html>","htmlText":"<html><head></head><body><p>GameStop Stock Rises, AMC Falls as the Meme Rally Sputters. 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