AMC May 2024 0.500 call
| Previous Close | 4.2500 |
| Open | 3.8000 |
| Bid | 3.8000 |
| Ask | 3.9500 |
| Strike | 0.50 |
| Expire Date | 2024-05-24 |
| Day's Range | 3.8000 - 4.8500 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 22 |
- Yahoo Finance Video
Do meme stocks ruin the investing experience for newbies?
Even if you didn’t catch the movie 'Dumb Money', you might remember the real story of Roaring Kitty—a.k.a Keith Gill—sparking a never-before-seen market revolution around GameStop (GME) back in 2019. It turns out Roaring Kitty and his legion were itching for round 2 this week, with a faltering attempt to reignite the meme stock rally. The events left Yahoo Finance Executive Editor Brian Sozzi and guest expert Jonathan Boyar questioning if meme stocks are ruining the experience for new investors. Though we all love a David vs. Goliath story, are these practices setting-up financially vulnerable people for failure? Watch the full interview with Jonathan Boyar here.
- Yahoo Finance Video
Why GameStop isn't a value stock, but pure greed: Opening Bid
Warren Buffett built his wealth by being a value investor. But what does it mean to be a value investor today? On today's edition of Opening Bid, Boyar Research president Jonathan Boyar tells Yahoo Finance Executive Editor Brian Sozzi how to find value stocks in today's market. He highlights companies like Uber Technologies (UBER), which he says has "a lot of runway for growth." Boyar also shares why he considers Madison Square Garden Sports (MSGS) a value stock amid impressive playoff runs for the New York Knicks and New York Rangers. Regarding meme stocks such as GameStop (GME) and AMC (AMC), Boyar says the frenzy is "horrible for investors" and "a recipe to lose money." He also explains why Dow 40,000 isn't a big deal to him and why investors should focus on the next several years, not short-term concerns like the 2024 presidential election. For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich.
Barrons.comThese Stocks Are Moving the Most Today: GameStop, Doximity, DXC, Robinhood, and More
GameStop said it is selling up to 45 million shares of common stock, Doximity’s revenue topped estimates, and DXC reported a decline in revenue from a year ago.
