Why the 2024 meme stock action is much tamer than 2021 — so far

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AMC Entertainment,Retail Traders,Economic Data Releases

The current 2024 meme stock moment feels like a callback from 2021's big retail saga that resulted in a movie. But despite some big pops in GameStop and AMC,...

over 74% Monday and had further doubled their share prices on the open Tuesday — only to sell off most of the day into the close. Nevertheless, after dozens of volatility halts GameStop closed the day up 62% while AMC jumped by 30%.

"Do we think more retail traders can jump in on the trend in the coming days? Yes. Do we think this is a repeat of 2021? No, and the chances we reach that stage are low," said Vanda. The stock market is about to see a 10% correction, with further disinflation a 'pipe dream' and Fed rate cuts coming much later, Stifel says

These high-yielding dividend stocks are perfect for investors looking for a deal, and who'll be paid to wait it out! The post Got $5,000? These 2 High-Yielding Dividend Stocks Are Trading Near Their 52-Week Lows appeared first on The Motley Fool Canada.Decisive Dividend is a small-cap, high-dividend stock that offers shareholders a yield of almost 7% in May 2024. The post This Under-$10 Dividend Stock Pays a 6.8% Yield appeared first on The Motley Fool Canada.

Source: Entertainment Trends (entertainmenttrends.net)

AMC Entertainment Retail Traders Economic Data Releases

 

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