Previous close | 7.33 |
Open | 6.97 |
Bid | 7.25 |
Ask | 7.43 |
Strike | 505.00 |
Expiry date | 2024-12-31 |
Day's range | 6.97 - 6.97 |
Contract range | N/A |
Volume | |
Open interest | 407 |
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a perfectly good sign for the market.
Stock buybacks are soaring in another sign that companies are feeling better about the macroeconomic outlook.
Earnings for the S&P 500 are growing at their fastest rate since 2022 and analysts see that trend continuing into next quarter, setting up a positive backdrop for stocks.