Previous close | 0.0100 |
Open | 0.0200 |
Bid | 0.0000 |
Ask | 0.0200 |
Strike | 5.00 |
Expiry date | 2024-06-21 |
Day's range | 0.0100 - 0.0200 |
Contract range | N/A |
Volume | |
Open interest | 2.25k |
Notable meme stocks GameStop (GME), BlackBerry (BB), and AMC Entertainment (AMC) move ever so slightly lower Tuesday afternoon as meme trade sentiments ease off the gas pedal after GameStop's sudden surge. Market Domination Anchors Julie Hyman and Josh Lipton examine the meme trade "flare-ups" spurred by retail trader Keith Gill's cryptic social media posts under his username "Roaring Kitty." Trading platform E-Trade is even considering banning Gill from the platform for alleged market manipulation. Wall Street Journal Reporter AnnaMaria Andriotis — the journalist who originally broke that story — sat down with Yahoo Finance earlier today. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Meme trade influencer Keith Gill, or "Roaring Kitty," faces a potential ban on the stock trading platform E-Trade. This stems from allegations of market manipulation, ignited by a social media post revealing his position in GameStop (GME), which led to a massive rally in the company's shares. Apex Fintech Solutions CEO Bill Capuzzi joins the Morning Brief to discuss why he believes that "there's no reason" for Gill to be barred from the platform, saying that doing so would be "a black eye for Morgan Stanley." Drawing a parallel to the actions of financial giants like Berkshire Hathaway (BRK-A, BRK-B), which routinely discloses its holdings through 13-F filings, Capuzzi declares, "I don't see anything wrong with what he's done." "Frankly, we would invite him onto the Apex platform, based upon the facts and circumstances that I see," Capuzzi tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
GameStop shares surged again on Monday, the latest iteration of a market sideshow that reminds us the market is always full of them.