Previous close | 1.5636 |
Open | 1.5362 |
Bid | 1.9372 x 0 |
Ask | 1.9716 x 0 |
Day's range | 1.5362 - 1.5362 |
52-week range | 0.5375 - 5.2550 |
Volume | |
Avg. volume | 47 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Meme stocks like GameStop (GME), AMC Entertainment (AMC), BlackBerry (BB), and Tupperware (TUP) are falling back down after a rally spurred by X (formerly Twitter) user "Roaring Kitty's" return to social media earlier this week. Yahoo Finance's Jared Blikre breaks down key meme stocks and analyzes how 2024's rally compares to the 2021 meme trade frenzy. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
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.
“Roaring Kitty,” the retail trader who led the meme stock craze, posted on social media for the first time in 3 years, causing meme stocks to jump. “Roaring Kitty,” who has been identified as Keith Gill, was known for his bullish stance on GameStop (GME) and was one of those that helped the stock skyrocket in 2021. His reappearance has caused the video game retailer’s shares to soar again, causing the stock’s trading to be halted multiple times for volatility. Other meme stocks are rising too including AMC Entertainment (AMC), Tupperware Brands (TUP), and BlackBerry (BB). Other trending tickers on Yahoo Finance include Alibaba (BABA), Medical Properties Trust (MPW), and Rivian Automotive (RIVN). Top guests today include:3:05 p.m. ET - Tom Sosnoff, tastylive Founder & CEO3:45 p.m. ET - Jim Smigiel, SEI CIO4:05 p.m. ET - Gus Faucher, PNC Financial Services Group Chief Economist4:30 p.m. ET - Michael Pachter, Wedbush Securities Managing Director, Equity Research