_gamestop-and-amc-shares-plummet-over-15-amidst-return-of-influential-reddit-trader.jpg "GameStop and AMC Shares Plummet Over 15% Amidst Return of Influential Reddit Trader from yubraz sing 1 over 6 six Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:35
👁 View: 100K times
✓ Published: 18-May-2024
👁 View: 100K times
✓ Published: 18-May-2024
Description:
Popular meme stocks GameStop and AMC saw their share prices plunge over 15% from the previous day's close as markets opened on Thursday. GME fell 18% from its prior close, and AMC opened down 8% and continued falling through the day. The declines came after the re-emergence of influential Reddit trader Roaring Kitty on social media. Kitty's cryptic social media posts featuring movie clips revived speculation around the meme stocks. The meme stock frenzy appears to be fading again on signs Kitty's impact may be temporary.
Popular meme stocks GameStop and AMC saw their share prices plunge over 15% from the previous day's close as markets opened on Thursday. GME fell 18% from its prior close, and AMC opened down 8% and continued falling through the day. The declines came after the re-emergence of influential Reddit trader Roaring Kitty on social media. Kitty's cryptic social media posts featuring movie clips revived speculation around the meme stocks. The meme stock frenzy appears to be fading again on signs Kitty's impact may be temporary.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_spirit-aerosystems-to-cut-over-400-jobs-in-kansas-amid-boeing-production-issues.webp "Aerospace supplier Spirit AeroSystems announced plans to lay off over 400 employees in Kansas amid production issues at Boeing, one of its major clients. Boeing has faced issues, including a jet door blowing out and quality control problems uncovered by whistleblowers involving its 737 Max planes. The layoffs are meant to address a production slowdown on commercial programs at Spirit's Wichita plant. Whistleblowers have drawn scrutiny from regulators over Boeing's oversight and quality control.")
_huesera-the-bone-woman-2023-spanish-scary-movie.webp "Huesera: The Bone Woman 2023 Spanish Scary Movie")
_sony39s-profit-drops-7-as-playstation-5-sales-fall-short-weaker-sales-expected-in-2025.webp "Sony's annual operating profit for fiscal 2023 fell 7%, dragged down by a decline in its financial services division. However, revenue increased 19% year over year. PlayStation 5 sales narrowly missed Sony's revised down target, and The Japanese gaming giant expects weaker PS5 sales in fiscal 2025. Sony restructured its gaming division, appointing new CEOs for platform and studio businesses. Sony is forecasting a 5% decline in group revenue for fiscal 2024.")
⏲ 0:36 👁 820K
_alibaba39s-earnings-report-triggers-5-stock-drop-as-net-income-plunges-86-yoy.webp "Alibaba's fourth-quarter revenue beat estimates, but net income plunged 86% year-over-year. Alibaba shares dropped around 5% in premarket trading following the earnings release. The company's core e-commerce business recovered, with revenue up 4% and customer management revenue up 5%. Alibaba focuses on reducing low-margin contracts and growing AI-related products in its cloud division. The company's AI revenue experienced \")
_hsbc-shares-drop-3-in-hong-kong-amid-reports-of-ping-an-insurance-considering-stake-reduction.webp "Shares of HSBC fell over 3% in Hong Kong after reports that its top shareholder, Ping An Insurance, may look to reduce its stake in the bank. Citing unnamed sources, Bloomberg reported Ping An is considering options to trim its $13.3 billion position in HSBC, including further share sales. Last week, Ping An disclosed the sale of HSBC shares, reducing its stake slightly from just over 8% to about 7.9%. Ping An was previously at odds with HSBC management, supporting a 2023 shareholder motion to spin off Asia operations.")
⏲ 0:39 👁 95K
_honeymoon-lane-victor-light-opera-company-1926.webp "Gems from the Broadway show \")
_hawaii-calls-124-show-124-1938-124-official-trailer.webp "After being nabbed while trying to stow away on board an ocean liner en route to Hawaii, young Bobby Breen sings for his | dHNfWEZfQXhvc05faFE")
_we-are-never-ever-getting-back-together-full-episode.webp "We Are Never Ever Getting Back Together Full Episode")
_spirit-aerosystems-to-cut-over-400-jobs-in-kansas-amid-boeing-production-issues.jpg)
_huesera-the-bone-woman-2023-spanish-scary-movie.jpg)
_sony39s-profit-drops-7-as-playstation-5-sales-fall-short-weaker-sales-expected-in-2025.jpg)
_alibaba39s-earnings-report-triggers-5-stock-drop-as-net-income-plunges-86-yoy.jpg)
_hsbc-shares-drop-3-in-hong-kong-amid-reports-of-ping-an-insurance-considering-stake-reduction.jpg)
_honeymoon-lane-victor-light-opera-company-1926.jpg)
_hawaii-calls-124-show-124-1938-124-official-trailer.jpg)
_we-are-never-ever-getting-back-together-full-episode.jpg)
![[+]](/images/menu.gif){kind=small}