GME Jul 2024 37.000 call
| Previous close | 20.00 |
| Open | 18.00 |
| Bid | 15.85 |
| Ask | 17.50 |
| Strike | 37.00 |
| Expiry date | 2024-07-19 |
| Day's range | 11.29 - 18.00 |
| Contract range | N/A |
| Volume | |
| Open interest | 188 |
- 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.
- Yahoo Finance Video
This week's meme stock rally differs from 2021. Here's why.
Meme stocks GameStop (GME) and AMC Entertainment (AMC) have spiked in trading after a contributor to Reddit's "WallStreetBets" forum, Keith Gill ("Roaring Kitty"), returned to social media. Could this be another short-lived trend like 2021's meme stock craze, or will this time be different? Yahoo Finance Reporter Josh Schafer joins Market Domination to share Wall Street insight on the current meme stock rally. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
