Why AMC, GameStop, BlackBerry, and Express Stocks Jumped Again Wednesday

Motley Fool2021-05-27

Retail traders believe there's room for another major short squeeze. Are they right?What happenedShares of AMC Entertainment Holdings(NYSE:AMC), GameStop(NYSE:GME), BlackBerry(NYSE:BB), and clothing ...

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Comments

Benlaps
2021-05-29
Benlaps
????
Benlaps
2021-05-29
Benlaps
????
Dragonize
2021-05-28
Dragonize
Will collapse anytime
nuttywalnut
2021-05-27
nuttywalnut
This website is owned by Citadel. Can’t be trusted. They’re trying to cause people to paperhand at the first dip
aether
2021-05-27
aether
what about synthetic shares?
Sjaydenshun
2021-05-27
Sjaydenshun
??????

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Are they right?What happenedShares of AMC Entertainment Holdings(NYSE:AMC), GameStop(NYSE:GME), BlackBerry(NYSE:BB), and clothing ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/26/why-amc-entertainment-stock-keeps-jumping/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EXPR","symbol_name":"Express, Inc.","start_time":0,"source_url":"https://www.fool.com/investing/2021/05/26/why-amc-entertainment-stock-keeps-jumping/","article_id":"1197060913","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1197060913","pubTimestamp":1622096716,"sourceInfo":null,"weMediaInfo":null,"summary":"Retail traders believe there's room for another major short squeeze. 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These meme stocks that were the focus of a push from retail traders on the WallStreetBets forum in January are almost all now looking like they could be riding another wave higher.Wednesday, shares were moving up again, with GameStop 14% higher, AMC up 11.8%, and BlackBerry and Express up 8.8% and 18.5%, respectively, as of 11:15 a.m. EDT.So whatReddit users might again be looking to force a short squeeze, and there seems to be some room for that to occur. But not all of these names are in the same position as earlier in the year.Now whatGameStop still had almost 12 million shares sold short as of the end of April; that represents about 18% of its outstanding shares. But that's a far cry from the situation in January, as GameStop shares held short have declined by about 80% since then. 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But investors who aren't just gambling shouldresearch the underlying fundamentalsof the companies.GameStop hasmade some strides to shift its business modelfrom traditional brick-and-mortar to online game sales. Express will give its next quarterly report on June 3, and investors will be watching to see if comparable-store sales improve from the 27% decline the company reported in the fourth quarter of 2020.AMC has taken advantage of its rising stock price by recently raising $428 million in a new share offering. The money it has raised during the pandemic has bolstered the balance sheet as it awaits a full reopening, bringing customers back to theaters. But the company'sdebt level is a longer-term concernthat investors should be monitoring. For now, it seems short-term traders might be looking for a quick gain. 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Can’t be trusted. They’re trying to cause people to paperhand at the first dip","listText":"This website is owned by Citadel. Can’t be trusted. They’re trying to cause people to paperhand at the first dip","text":"This website is owned by Citadel. Can’t be trusted. They’re trying to cause people to paperhand at the first dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135970375","repostId":1197060913,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132566402,"gmtCreate":1622100375206,"gmtModify":1704179463038,"author":{"id":"3574937263937231","authorId":"3574937263937231","authorIdStr":"3574937263937231","name":"aether","avatar":"https://community-static.tradeup.com/news/4743cb1c3b9d1003b0f4abc63bebf47b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574937263937231"},"htmlText":"what about synthetic shares?&nbsp;","listText":"what about synthetic shares?&nbsp;","text":"what about synthetic shares?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132566402","repostId":1197060913,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":132511877,"gmtCreate":1622098247799,"gmtModify":1704179430883,"author":{"id":"3546944653488084","authorId":"3546944653488084","authorIdStr":"3546944653488084","name":"Sjaydenshun","avatar":"https://static.tigerbbs.com/d1bbb91d9e9e442e5e078feb3653c084","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3546944653488084"},"htmlText":"??????","listText":"??????","text":"??????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132511877","repostId":1197060913,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":26,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1197060913"}