AMC Sep 2024 2.500 call
| Previous Close | 3.20 |
| Open | 7.00 |
| Bid | 4.20 |
| Ask | 7.05 |
| Strike | 2.50 |
| Expire Date | 2024-09-20 |
| Day's Range | 5.35 - 7.60 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 45 |
- Yahoo Finance Video
Meme trade: Why you should throw fundamentals 'out the window'
The meme trade has been reignited after Roaring Kitty's return to the social media platform X, where he posted a single meme, sending investors into a frenzy. YouTube Host Matt Kohrs joins Wealth! to discuss his outlook on this meme stock rally. Kohrs describes this rally as "the resurgence of meme mania," reminiscent of a similar rally that occurred back in 2021. He advises throwing fundamentals "out the window" regarding these stocks because the trading is more of "a social rebellion." He recommends that investors "ride the trend" as long as they can but cautions that if things take a turn, they will "turn violently." "Ideally, we're all in this to improve our own financial situation," Kohrs tells Yahoo Finance. "So because of that, I wouldn't want anyone listening to this, watching this, to fumble such an amazing opportunity." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
Yahoo FinanceAMC stock more than doubles amid meme craze as company completes $250 million share sale
AMC completed a $250 million stock sale amid renewed interest in shares during Monday's trading session.
- Yahoo Finance Video
Meme trade: What does it mean for the broader market?
The meme stock trade reemerged on Wall Street after the influential figure Roaring Kitty returned to the social media platform X during Monday's trading session. Yahoo Finance's Josh Schafer joins Market Domination Overtime to dissect the meme stock rally, delving into the underlying market dynamics and exploring the potential implications of this rally for the broader market moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
