Previous close | 2.7300 |
Open | 3.8000 |
Bid | 3.4000 |
Ask | 3.7500 |
Strike | 19.00 |
Expiry date | 2024-06-21 |
Day's range | 3.3500 - 4.1500 |
Contract range | N/A |
Volume | |
Open interest | 450 |
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.
Even if you didn’t catch the movie 'Dumb Money', you might remember the real story of Roaring Kitty—a.k.a Keith Gill—sparking a never-before-seen market revolution around GameStop (GME) back in 2019. It turns out Roaring Kitty and his legion were itching for round 2 this week, with a faltering attempt to reignite the meme stock rally. The events left Yahoo Finance Executive Editor Brian Sozzi and guest expert Jonathan Boyar questioning if meme stocks are ruining the experience for new investors in a new episode of the Opening Bid podcast. Though we all love a David vs. Goliath story, are these practices setting-up financially vulnerable people for failure? Watch the full interview with Jonathan Boyar here.
Lesser-known small-cap stocks took part in the meme craze this week, outperforming flagship names.