(Bloomberg) -- The meme-stock revival was over almost as quickly as it began.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteEbrahim Raisi, Iranian President Confronting West, Dies at 63Speedier Wall Street Trades Are Putting Global Finance On EdgeChina’s Housing Rescue Too Small to End Crisis, Analysts SaySaudi Crown Prince Postpones Japan Trip Over King’s HealthGameStop Corp. and AMC Entertainment Holdings Inc. — the poster children of 2021’s frenzy — saw s
As May's meme stock trade loses steam, could GameStop (GME) follow a similar fate to meme kinsman Bed Bath & Beyond? After being acquired by Overstock.com in 2023, the company was rebranded as Beyond (BYON). Wedbush Equity Research Managing Director Michael Pachter comments on what sets the video game store chain apart from a traditional retailer. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
(Bloomberg) -- Spot silver surpassed $30 an ounce to hit the highest level in more than a decade.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeEbrahim Raisi, Iranian President Confronting West, Dies at 63China’s Housing Rescue Too Small to End Crisis, Analysts SayEven If Alito Is Right, the Upside-Down Flag Was WrongThe precious metal closed 6.5% higher at $31.49 an ounce Friday, the highest sinc