Aside from the dramatic swings observed in their underlying shares of late, meme stocks are in the news because investors and traders will soon be able to access exposure to these companies via single-stock ETFs.
Due to a “clerical issue,” Barclays was forced to stop selling new shares in the iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) on March 14, and that situation remains unresolved.
Winter may have arrived early in the cryptocurrency sector (aka crypto winter), but the summer trade in so-called “meme stocks” remains hot. In the wake of Q2 earnings season, some of the best-known meme stocks—including AMC Entertainment (AMC) and Bed Bath & Beyond (BBBY)—have spiked dramatically. This month alone, AMC is up over 60%, while shares in BBBY are … Continued
The rally in so-called “meme stocks” reignited in March, with GameStop (GME) spiking over 80% and AMC Entertainment (AMC) climbing nearly 50% during 10 crazy days of trading.
The 2021 trading year is almost in the books, and a review of this year’s biggest winners and losers should help investors and traders strategize for 2022.
In 2021, a new niche emerged within the stock market, and this group of so-called “meme stocks” tends to be more sensitive to social media mentions, as opposed to traditional, business-related developments.
Puts are traditionally more expensive than calls in the options marketplace due to the existence of “skew.”