MEME Stocks News Tracker

By: Quiet. Please
Listen for free

  • Summary

  • MEME Stocks News Tracker

    Dive into the wild world of meme stocks with "MEME Stocks News Tracker." This podcast is your go-to source for the latest news, trends, and analysis on the hottest meme stocks shaking up the market. From GameStop to AMC, we cover the stories that matter most to investors and enthusiasts alike. Join us for in-depth discussions, expert insights, and a fun look at the internet's favorite stock market phenomena. Whether you're a seasoned trader or just curious about the hype, "MEME Stocks News Tracker" keeps you informed and entertained.

    Subscribe now and stay ahead of the curve with the most up-to-date meme stock news!

    Fore more info https://www.quietperiodplease.com/
    Copyright 2024 Quiet. Please
    Show more Show less
Economics Personal Finance
Show more Show less
activate_Holiday_promo_in_buybox_DT_T2
Episodes
  • Meme Stocks Surge: Social Media Sparks Frenzy Across GameStop and AMC

    Meme Stocks Surge: Social Media Sparks Frenzy Across GameStop and AMC
    Dec 25 2024
    In the latest developments, meme stocks have once again captured the attention of retail investors, driven largely by social media activity and the influence of key figures.

    GameStop (GME) and AMC Entertainment (AMC) have been at the forefront of this recent frenzy. Shares of GameStop jumped significantly after Keith Gill, known by his online alias "Roaring Kitty," posted a cryptic message on X (formerly Twitter) for the first time in several months. This single post sparked a surge in trading volume, with GameStop's stock price increasing by as much as 14% before paring back some of those gains to close up 6% for the day. Similarly, AMC Entertainment saw its stock price surge by as much as 13% following Gill's post, also closing up 6% for the day.

    This sudden interest in GameStop and AMC is reminiscent of the 2021 meme stock phenomenon, where coordinated efforts by retail traders on social media platforms like Reddit's WallStreetBets led to significant short squeezes against hedge funds. The recent activity has been marked by high volatility, with trading volumes for these stocks increasing dramatically.

    Other brokers have also felt the impact of this renewed interest in meme stocks. Robinhood, for instance, reported one of its biggest trading days in the past year, with daily equities trading volume reaching $5 billion. This surge has prompted Robinhood to upgrade its infrastructure to handle the increased load.

    The influence of social media on meme stock prices cannot be overstated. Platforms such as Reddit, YouTube, X, and Facebook continue to play a crucial role in shaping investor sentiment and driving trading activity. Posts from influential figures like Gill can quickly translate into significant price movements, as seen with GameStop and AMC.

    While the current surge in meme stocks has drawn parallels with the 2021 event, market analysts are divided on whether this new wave will have a lasting impact or if it is just a brief revival of speculative fervor. Nonetheless, it highlights the unpredictable nature of markets and the substantial power of social media in driving investor behavior.

    In summary, the recent meme stock activity is characterized by high volatility, significant price movements driven by social media posts, and increased trading volumes. As retail investors continue to leverage social media to coordinate their trading efforts, it remains to be seen how long this current wave of interest will sustain.

    Thank you for listening to the MEME Stock Tracker podcast. Don't forget to subscribe for the latest updates on the world of meme stocks.
    Show more Show less
    3 mins
  • Roaring Kitty's Social Media Sway Ignites Meme Stock Frenzy

    Roaring Kitty's Social Media Sway Ignites Meme Stock Frenzy
    Dec 24 2024
    In the realm of meme stocks, the recent activity has been driven significantly by the influence of Keith Gill, known as Roaring Kitty, and the buzz around certain thematic trades.

    Roaring Kitty's return to social media in May 2024 reignited interest in original meme stocks such as AMC Entertainment and GameStop. His posts and actions have consistently sparked significant price movements in these stocks. For instance, GameStop shares surged nearly 100% in a two-day period in May following Gill's tweets, catching short sellers off guard and resulting in substantial losses. More recently, Gill's cryptic posts on X have continued to drive speculation; his latest post on December 5, featuring a fake TIME Magazine cover, led to a 14% jump in GameStop shares and a 13% surge in AMC Entertainment shares, although these gains were later pared down.

    GameStop has also seen notable movements due to its financial reports. Despite falling sales, the company reported a surprise third-quarter profit, which boosted its stock price. However, analysts remain skeptical about GameStop's ability to return to profitability in its core business.

    Another stock that has been in the meme stock spotlight is Chewy Inc., an online pet retailer. Roaring Kitty's involvement with Chewy has highlighted the company's strong fundamentals, which have attracted positive attention from analysts. Chewy's stock is up 35.3% in 2024, and it has received price-target increases from several major financial institutions. Bank of America has even listed Chewy among its top 2025 stocks in global e-commerce.

    In addition to these specific stocks, the broader market has seen other significant events. The presidential election has led to "Trump trades," with stocks like Trump Media & Technology Group Corp. and Phunware Inc. gaining attention around the election.

    On the regulatory front, the crypto market has seen a boost following the announcement that Trump named crypto backer Paul Atkins to lead the Securities and Exchange Commission. This move has fueled investor expectations of a more crypto-friendly environment, leading to a 40% gain in bitcoin since the election.

    In summary, the meme stock landscape remains highly volatile and influenced by social media activity, particularly from key figures like Roaring Kitty. Stocks such as GameStop, AMC, and Chewy continue to see significant price movements driven by retail investor interest and speculative trading.

    Thank you for listening to the MEME Stock Tracker podcast. Don't forget to subscribe for the latest updates and insights into the dynamic world of meme stocks.
    Show more Show less
    3 mins
  • "Meme Stocks Surge: Social Media Influence Drives Unpredictable Market Volatility"

    "Meme Stocks Surge: Social Media Influence Drives Unpredictable Market Volatility"
    Dec 23 2024
    In the latest developments, meme stocks have once again captured the attention of retail investors and the broader market, driven largely by social media activity and the influence of key figures.

    GameStop Corp. (GME) and AMC Entertainment Holdings (AMC) have been at the forefront of this recent surge. Shares of GameStop jumped as much as 14% in a single day following a post by Keith Gill, known by his online alias "Roaring Kitty," who returned to the social media platform X after a period of inactivity. Gill's cryptic posts have historically sparked significant interest and volatility in meme stocks. On this occasion, his post of a fake TIME Magazine cover featuring a desktop computer monitor and keyboard was viewed over 3.1 million times, triggering a flurry of speculation and trading activity.

    AMC Entertainment also saw its stock price surge by as much as 13% in response to Gill's post. Both GameStop and AMC pared their gains later in the trading session but still closed up 6%. This renewed interest in these stocks is reminiscent of the 2021 meme stock frenzy, where coordinated efforts by retail traders on platforms like Reddit's /r/WallStreetBets led to short squeezes that resulted in significant losses for hedge funds.

    The impact of social media on these stocks cannot be overstated. Gill's influence, with 1.6 million followers on X, is a key driver of these price movements. His sporadic posts have the power to set off a chain reaction of speculation and trading, highlighting the unpredictable nature of markets influenced by online communities.

    Other brokers and trading platforms have also felt the effects of this renewed meme stock frenzy. Robinhood, for instance, has seen significant increases in trading volume, with daily equities trading volume touching $5 billion on particularly active days. This surge has prompted Robinhood to upgrade its infrastructure to handle higher trading loads.

    The market's reaction to these meme stocks is closely watched, especially given the high retail investor interest and unusual trading volumes. The EV/EBITDA ratio for GameStop, for example, is significantly higher than the average S&P 500 ratio, indicating that the stock may be overvalued despite its strong price performance.

    In summary, the recent activity in meme stocks like GameStop and AMC is a testament to the power of social media in driving investor behavior and market volatility. As these stocks continue to attract attention from retail traders, their price movements remain highly unpredictable and closely tied to the actions of influential figures like Keith Gill.

    Thank you for listening to the MEME Stock Tracker podcast. Don't forget to subscribe for more updates on the dynamic world of meme stocks.
    Show more Show less
    3 mins

What listeners say about MEME Stocks News Tracker

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available