Some meme stocks are flying again in premarket trading
Some meme stocks are flying again in premarket trading.AMC Entertainment,BlackBerry,Naked Brand Sundial Growers and GameStop climbed between 2% and 9%.BlackBerry Limited has overtaken GameStop Corp. and now emerged as the second-most mentioned stock just behind AMC Entertainment Holdings Inc. on Reddit’s r/WallStreetBets forum.In comparison, movie theatre chain AMC Entertainment was mentioned 723 times during the same period, while gaming retailer GameStop had 212 mentions.GameStop was mentioned
Apple and Other Big Tech Stocks Had a Disappointing Week. 6 Reasons to Keep Buying Them.
Last March, amid the darkest days of the pandemic, I asserted in this space that the market had gifted investors a rare opportunity to buy tech’s five giants—Alphabet, Amazon.com, Apple, Facebook, and Microsoft—on the cheap. Let me tell you why I’d buy them still.As it turned out, all five performed better over the past year than anyone dreamed. Last week, the five reported March-quarter earnings—the fourth full quarter since Covid-era lockdowns began early last year. All five crushed Street exp