Previous close | 51.66 |
Open | 74.47 |
Bid | 72.36 |
Ask | 72.70 |
Strike | 369.78 |
Expiry date | 2024-05-17 |
Day's range | 72.70 - 74.47 |
Contract range | N/A |
Volume | |
Open interest | 69 |
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a perfectly good sign for the market.
Stock buybacks are soaring in another sign that companies are feeling better about the macroeconomic outlook.
Earnings for the S&P 500 are growing at their fastest rate since 2022 and analysts see that trend continuing into next quarter, setting up a positive backdrop for stocks.