Ignore GME and AMC: Faraday Future Is the Meme Stock to Watch
Yahoo Finance · 7 days ago
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- 4.8400Add to watchlist+0.2900 (+6.37%)At close: Fri. May 24, 2024 4:00 PM EDT · Nasdaq Real Time Price (USD) · Market closed
- Open4.6600High4.9500Low4.6200
- Mkt Cap1.43BP/E (TTM)N/ADiv & YieldN/A & N/A
- Prev. Close4.550052 Wk. Low2.380052 Wk. High62.3000
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May 14, 2024 · Analysts revise AMC stock price target amid short squeeze. Elmaz Sabovic. Stocks May 14, 2024. Share. Although all attention has gone to GameStop (NYSE: GME) stock and its rapid surge, another meme stock has posted even more significant daily gains above 78% – AMC Entertainment (NYSE: AMC ).
May 19, 2022 · Alex Sirois. Thu, May 19, 2022, 9:05 AM 3 min read. In this article: AMC. GME. Strong first quarter (Q1) earnings have AMC (AMC) stock momentarily moving upward. A short squeeze potential...
Sep 26, 2023 · Despite some remaining short interest, the current setup in AMC is less favorable for a short squeeze due to the stock's all-time low price, but high trading volume and technical factors...
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Jun 2, 2023 · AMC Stock: Telltale Signs of a Potential Short Squeeze. With a court hearing on the APE class-action lawsuit coming up, June promises to be a volatile month for AMC Entertainment. Bernard...
People also ask
Does AMC stock have a short squeeze?
Is AMC a potential short squeeze?
Will AMC's short interest trigger a massive short squeeze?
Can AMC (AMC) stock shock the market?
- Earnings Beat
- Short Squeeze Watch
- Affecting Other Meme Plays
- What to Do with AMC Stock
The most important news for AMC is that it surprised the markets positively with its first-quarter earnings beat. The ongoing downward slide in growth and meme stocks makes the news especially noteworthy. AMC beat consensus expectations on multiple fronts. The company was expected to post a non-GAAP loss of 63 cents per share on revenues of $743 mi...
Short squeezes are typically triggered by unexpected good news that serves to drive a stock price upward, or a gradual buildup of buying pressure that outweighs selling pressure in the market. So, it is clear that AMC should now be on short squeeze watch given that unexpected good news has befallen the company. Otherwise, it is usually necessary fo...
AMC’s unexpected earnings beat caused GameStop(NYSE:GME) stock to unexpectedly shoot up more than 10% without any other news. Funnily enough, it was only a few months ago that GameStop earnings caused AMC stock to move quickly upward. So what should investors take from all of this?
My instinct is that this is simply temporary good news that investors probably won’t be able to do much with. At the end of the day, AMC still lost $337.4 millionin the first quarter. Once the market digests this truth, the temporary high of the earnings beat will probably wear off. Predicting a future short squeeze is notoriously difficult, so des...
Apr 3, 2023 · As AMC registers a high of about 26% year-to-date and reaches $5 levels, should the upward trend around the stock be fueled by speculation and socially mobilized investing trends, a large short...
May 18, 2022 · AMC's short interest currenty sits at around 21% and could trigger a massive short squeeze, as institutions and hedge funds are buying up the stock.
