Reddit stocks gamestop amc
13 Of The Dumbest, Pettiest Celebrity Beefs We Could Dig Up
Kathryn VanArendonk: The most simple, basic, explain-it-to-a-child version I have been able to find for what is happening to GameStop stock actually comes from our co-worker Rachel Handler’s boyfriend. Amc gamestop With such volatility and unpredictability, investing in meme stocks and their inherent risk-reward, investors are turning to artificial intelligence (AI) technologies such as ChatGPT to forecast not only their price predictions but also information on such equities. In turn, Finbold posed the question to the AI tool to find out what it considers are the top 4 meme stocks to buy in 2023. It noted:
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"I never thought I would do anything like day trading a meme stock," he said. "It was a positive expected value if you look at the momentum and the risk-reward profile if you look at what AMC was doing." Most Viewed Stories And all of this "caddys vs. the country club members" investment drama is playing out against the backdrop of a stock market that some believe has entirely become a massive bubble driven by everyday retail investors vs. established traders, and the GameStop event, and now AMC pump, is merely an extreme outlier example of the growing power of the Robinhood crowd.
I’m no fan of GameStop, but seeing Reddit users use it to troll wealthy hedge funds on Wall Street is as amusing as it is confusing.
And the ride begins again. AMC Entertainment shares are down 17% in after-hours trading, while GameStop is down about 5%. Editor’s Picks For many, the GameStop rally might be the first time they've heard of the community, but r/wallstreetbets is actually a relatively old subreddit with deep ties to internet culture.
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Show moreHow can Reddit users afford the buying spree? Related Articles The GameStop and AMC price surges were so dramatic that trading for both companies was temporarily halted by the stock exchanges to temper volatility. But once trading resumed, prices took off again. TD Ameritrade, a leading trading platform, took the unusual step of attaching restrictions on both stocks, citing "an abundance of caution amid unprecedented market conditions."
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