The SEC Has Referred to GME, AMC as “Meme Stocks” in Legal Documents
The SEC's recently-used wording in a legal file suggests GME and AMC are 'meme stocks', after mocking such an investment in a recent video.
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USDT$0.9988-0.02%
USDC$0.9999+0.01%
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GameStop's NFT marketplace brought about $45,000 in transaction fees during its first 24 hours.
The SEC's recently-used wording in a legal file suggests GME and AMC are 'meme stocks', after mocking such an investment in a recent video.
Increased demand for games sees Gamestop beat its quarterly revenue estimates, causing a spike in the meme stock’s price.
Citadel is pulling back another $500 million from its $2 billion investment in Melvin Capital after redeeming $1 billion in 2021.
Following the GME and AMC short-squeezes, hedge funds are now rarely taking big chances with shorting stocks.
Is Keith Gill's original vision for GameStop to 'reinvent itself' becoming a reality?
GameStop aggressively invested in expanding its business during Q3, which explains its widened losses.
A class-action lawsuit claims to have evidence of collusion between Citadel and Robinhood to manipulate the market.
To become a leader in games distribution, GameStop faces tough competition, as well as being weighed down with the costs of physical stores.
Did the GME/AMC saga cause a mass exodus of users to Fidelity?
In short, threshold securities are those which fail to deliver. What does this mean for the larger $AMC picture?
Despite having ties to regulatory bodies, it seems that some market makers have become too much of a headache.
Cunningham concludes that "meme stock" prices do not reflect the law of supply and demand.