Meme Tracker | ICCT Surged 117% after resuming trading; AMC still troubled
1. SPAC $iCoreConnect(ICCT)$ skyrockets 117% after it resumed trading on Wednesday $iCoreConnect(ICCT)$ jumped 117% when it resumed trading on Wednesday, August 30, 2023.Several days ago, healthcare technology company $iCoreConnect(ICCT)$ completed its business combination with FG Merger Corp, a special purpose acquisition company (SPAC)Shareholders of ICCT received one share of the new company for every 29.84 shares of ICCT that they held prior to the closing of the business combination. The equivalent share price was calculated to be $5.71 based on the closing price of ICCT common stock on August 25, 2023, which was $0.19 per share.
Short term traders, time to relook into meme stocks for very short term trade! This is mainly due to market starts stable down a bit and might remain sideway after last week Jackson Hole conference. Therefore, I think there might be some opportunity to make quick profit on these stocks, but bear in mind that the risk is very very high. AMC After experienced one of its worst weeks, $AMC Entertainment(AMC)$ might find its short term bottom pretty soon. The drop last week was about 50% after the split actions which sent the stocks down to ocean. Nothing fundamental to see for this stock, it's a very bad one. However, technical wise, this stock is simply oversold, with RSI value at 23. Anything below 30 i
Meme Tracker | VFS makes another 100% rally; HKD jumped on buyback; DKS profit plunge
1. $VinFast Auto(VFS)$ astonishing 109% price surge fuels investor interest and capital raising considerationsVinFast, the Vietnamese electric vehicle maker that recently debuted on Wall Street, continued its impressive rally on Tuesday. The stock more than doubled in price, soaring by 109% to close at $36.7. This rapid market performance has sparked discussions about VinFast's potential to raise more funds from investors, a move the CEO, Thuy Le, acknowledged the company was considering.Last week, VinFast's shares had surged over 250% during its debut on the Nasdaq, making it worth more than significantly larger automakers, at least in terms of market valuation. The company's current valuation stands at over $85 billion, placing it well above indu