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Meme Stock

All articles tagged with #meme stock

GameStop Rally Fueled by CEO's 'Very Large' Acquisition Hint
market-news22 days ago

GameStop Rally Fueled by CEO's 'Very Large' Acquisition Hint

GameStop (GME) rose around 6.5% on Monday after CEO Ryan Cohen said he wants to transform the retailer with a very large acquisition of a consumer company, a deal he did not name but which could lift the company’s market cap from about $10.5 billion to over $100 billion. The move signals a push to move GameStop away from meme-stock status toward growth on merit, supported by stronger trading volume and improving profitability as analysts note a healthier balance sheet.

Burry backs GameStop, triggering a fresh rally and heightened options activity
markets1 month ago

Burry backs GameStop, triggering a fresh rally and heightened options activity

Michael Burry stated on a Substack post that he owns GameStop and has been buying recently, signaling a long-term thesis and possible value near tangible book value. The disclosure sparked a rally as GME traded around $24.15 (up ~4%), with heavy volume and a surge in short-dated call options (strikes near $20–$25) as traders bet on more upside and link the move to meme-stock dynamics tied to Ryan Cohen.

Beyond Meat's Volatile Rally Continues Amid Market Uncertainty
markets4 months ago

Beyond Meat's Volatile Rally Continues Amid Market Uncertainty

A retail trader from Dubai, Dimitri Semenikhin, has fueled a meme rally in Beyond Meat stock, which has surged nearly to $7 amid retail frenzy and short squeeze speculation. While he sees the stock's fundamentals supporting a $6-8 trading range in the medium term, he warns that current trading is driven more by retail hype than fundamentals and advises caution. The rally has exceeded expectations and is reminiscent of the GameStop craze, with potential for further short squeezes.

culture7 months ago

Sydney Sweeney's American Eagle Campaign Sparks Debate and Praise

The article discusses how meme-stock traders reacted to American Eagle's new ad campaign featuring Sydney Sweeney, which sparked political outrage and online controversy. Despite mixed reactions, the campaign boosted sales and social media engagement, with traders leveraging the controversy to drive stock prices up, highlighting the intersection of culture, politics, and market speculation.