Previous close | 18.2500 |
Open | 10.0900 |
Bid | 1.7000 |
Ask | 1.8600 |
Strike | 28.00 |
Expiry date | 2024-06-07 |
Day's range | 1.4900 - 25.9000 |
Contract range | N/A |
Volume | |
Open interest | 1.55k |
Shares of popular meme stock GameStop (GME) are falling after the company announced it will sell 75 million class A shares of its stock. In addition, popular social media meme stock investor Keith Gill is set to host a YouTube livestream on Friday at 12 p.m. EST to discuss the stock. Yahoo Finance Senior Business Reporter Ines Ferre joins Catalysts to break down the movements behind the meme stock and what it means for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Yahoo Finance's Josh Schafer joins Asking for a Trend to break down the trading day's biggest stories. The markets (^DJI,^GSPC, ^IXIC) remained relatively unchanged ahead of Friday's jobs report, where analysts expect 185,000 nonfarm payroll adds for the month of May. The report will be part of the economic data examined by the Federal Reserve when weighing its next interest rate decision. Many expect rate cuts to start in September as inflation cools. On the retail front, GameStop (GME) is rallying on the return of Roaring Kitty's upcoming livestream and a Reddit post showing an increasing position in the meme stock. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
First X, then Reddit, now YouTube. GameStop's most bullish enthusiast announced a livestream, and the stock surged.