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Tuesday, July 2, 2024

Battle of the meme stocks: How AMC bested GameStop

Battle of the meme stocks: How AMC bested GameStop

By Felix Salmon, Axios

It was Meme Stock Week last week, and despite having a clear early advantage, GameStop ended up losing its stonk crown to rival AMC.

Between the lines: AMC got lucky, while GameStop was slow.

Catch up fast: Keith “Roaring Kitty” Gill, credited with kickstarting the original meme stock mania, returned to X last Sunday with a tweet showing a picture of a man leaning forward in a chair.

More here >

This post was originally published on this site

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