What's Going On With AMC Entertainment, Koss Corp, BlackBerry And Newegg Shares Thursday?
Portfolio Pulse from Adam Eckert
Several meme stocks, including AMC Entertainment, Koss Corp, BlackBerry, and Newegg, are trading higher following a surge in GameStop stock. The surge is attributed to Keith Gill, known as 'Roaring Kitty,' scheduling a YouTube livestream. Gill's activity has historically caused volatility in these stocks. The SEC is investigating recent options trading in GameStop, and Gill is under scrutiny for potential manipulation.
June 06, 2024 | 6:25 pm
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POSITIVE IMPACT
AMC shares are up 6.05% following a surge in GameStop stock driven by Keith Gill's scheduled YouTube livestream. AMC is considered one of the original meme stocks.
AMC is closely tied to the meme stock movement and often moves in tandem with GameStop. The scheduled livestream by Keith Gill, a key figure in the meme stock saga, has led to increased investor interest.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
BlackBerry shares are up 1.14% following a surge in GameStop stock driven by Keith Gill's scheduled YouTube livestream. BlackBerry is a retail favorite and has moderate short interest.
BlackBerry, being a meme stock with moderate short interest, has seen a positive impact from the surge in GameStop stock and the scheduled livestream by Keith Gill.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Koss Corp shares are up 4.01% following a surge in GameStop stock driven by Keith Gill's scheduled YouTube livestream. Koss is a favorite among retail traders and heavily shorted.
Koss Corp is a popular meme stock with significant short interest. The surge in GameStop stock and the scheduled livestream by Keith Gill have positively impacted Koss shares.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Newegg shares are up 4.03% following a surge in GameStop stock driven by Keith Gill's scheduled YouTube livestream. Newegg is a retail favorite and has some short interest.
Newegg, as a meme stock with some short interest, has benefited from the surge in GameStop stock and the scheduled livestream by Keith Gill.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60