GME Jul 2024 4.000 call
| Previous close | 43.40 |
| Open | 43.40 |
| Bid | 34.80 |
| Ask | 36.85 |
| Strike | 4.00 |
| Expiry date | 2024-07-19 |
| Day's range | 43.40 - 43.40 |
| Contract range | N/A |
| Volume | |
| Open interest | 6 |
- Yahoo Finance Video
The meme stock crowd is expected to 'exit quickly': Expert
After re-energized enthusiasm in the meme stock trade this week, the hype seems to be fading as shares of video game retailer GameStop (GME) and movie theater chain AMC Entertainment (AMC) are sinking Wednesday morning. Financial Insyghts President Peter Atwater sits down with Morning Brief Anchors Seana Smith and Brad Smith to compare recent meme trading activity to that of the early 2021 frenzy "We should expect that as burst-filled as this last week has been, there should be a comparable bust coming in these names. The thing that distinguishes bubbles from from other kinds of behavioral patterns is that first step is the steepest," Atwater says. "So if this is an indicator of mood, we should expect these companies to leave via a high story window quite quickly." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Yahoo FinanceWhy the 2024 meme stock action is much tamer than 2021 — so far
The current 2024 meme stock moment feels like a callback from 2021's big retail saga that resulted in a movie. But despite some big pops in GameStop and AMC, this time has some key differences.
Investor's Business DailyStocks Close With Record Highs; S&P 500 Closes Above 5,300 For First Time
Volume rose on the Nasdaq and fell on the New York Stock Exchange vs. the same time in Tuesday's session, in preliminary numbers. The Innovator IBD 50 ETF added 2.3% on the stock market today. The Labor Department said April's consumer price index rose 0.3% month over month as expected, while the annual increase of 3.4% also met Econoday's consensus forecast.
