5 Meme Stonks To Gamma Squeeze Hedge Fund Trolls - www.malkamdior.com


The group of "meme" stocks, led by videogame retailer GameStop Corp. (GME) that have been volatile in recent weeks as investors on a Reddit subgroup have egged each other on, were active again in premarket trade Monday. 

1. GameStop shares were up 5% premarket.

2. AMC Entertainment Holdings Inc. (AMC), the world's biggest cinema chain, were up 12%. 

3. BlackBerry Ltd (BB.T) was up 3.8%, and 

4. Naked Brand Group Ltd. (NAKD) was up 9.5%. 

5. Koss Corp. (KOSS), a maker of headphones, was up 2.9%. 


GameStop shares have gained 440% in the year to date, as investors on Reddit's WallStreetBets platform sought to punish short sellers who had driven short interest in the stock to 140% by buying the stock and creating a short squeeze.

Ciara Linnane For more from MarketWatch: http://www.marketwatch.com/newsviewer

Comments

Popular Posts

Get This Diamond Hands Sweater $40

Get This Diamond Hands Sweater $40
Are you a #DiamondHands investor holding out till the very end? Get this #Wallstreetbets Diamond Hands Sweater!

Follow my twitter or insta @malkamdior and come grow it with me, just say Hi ! 😊 See you 💜💜💜

Labels - Python, DEVCommunity, 100DaysOfCode, MachineLearning, programming ,100DaysOfcode

Show more