Page 16 - Quiver Quantitative News Today

BlackBerry stock gained 14% in pre-market trading after rising 31% on June 2.

GameStop Corporation (NYSE: GME) bull Roaring Kitty went on a meme posting spree on Twitter on Tuesday as so-called stonks soared led by AMC Entertainment ...

BlackBerry Limited (NYSE: BB) has overtaken GameStop Corp. (NYSE: GME) and now emerged as the second-most mentioned stock just behind AMC Entertainment ...

The cryptocurrency market remained muted late Thursday as the focus returned to so-called meme stocks and associated short squeezes.

Last Updated: 28 May 2021 Meme stocks and crypto increasingly appear to be connected at the hip. And as the weekend approaches it looks like we can be sure of one thing – the price of crypto assets will fall. In fact the hyper volatility has already started, with bitcoin recoiling from the $40,000 hit just two days ago to currently trade at $36,000. The correlation between crypto and the stock market has one that has been hotly debated. Back in the day it was the negative ...

Reddit forum discussions move from meme stocks to cryptocurrencies Discussions on Reddit’s main cryptocurrency forum WallStreetBets have surpassed “meme stock” forum activity this month, with the extent to which day traders have shifted their focus from the equity market to the return of digital coins for quick and somewhat fun returns. Data from the Quiver Quantitative research group show that the volume of comments on the r / Cryptocurrency forum on the social networking site rose 82 pe...

New data suggests that interest on Reddit has switched from meme stocks to cryptocurrencies. What Happened: According to a report from the Financial Times, Reddit’s cryptocurrency forum “r/Cryptocurrency” has garnered more traction from retail traders than popular meme stock forum “r/WallStreetBets” this month. Data from analytics platform Quiver Quantitative revealed that the volume of posts on r/Cryptocurrency rose over 82% between May 1 and May 21, with daily posts exceeding 36,0...

Share: AMC Entertainment Holdings Inc (NYSE: AMC) said Thursday it had completed a previously announced “at-the-market” equity sale for 43 million shares. What Happened: The movie theater chain raised nearly $428 million in fresh equity capital before taking into account commissions and fees at an average price of $9.94 per share, as per a statement. AMC CEO Adam Aron said, “Bringing in an additional $428 million of new equity capital will immediately buttress and fortify our liquidity p...

Share: MicroVision, Inc (NASDAQ: MVIS) shares fell over 21% in Thursday after-hours session after the company announced its first-quarter results for 2021. What Happened: The solid-state automotive lidar and microdisplay technology company’s revenue for the first quarter was $0.5 million in Q1 2021, while in the same period last year it was $1.5 million. Loss per share was reported at $0.04, which is the same number as in Q1 2020 and worse than the Street expectation of loss per share of $0....

Microvision, Inc (NASDAQ: MVIS) fell over 23% in the regular session on Tuesday. What Happened: Shares of the technology company that makes lidar sensors ...