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May 18, 2022
(Reuters) - JPMorgan on Wednesday cut its expectation for U.S. real gross domestic product for the second half of 2022 and for 2023. The firm's econom...
February 9, 2022
(Reuters) - Goldman Sachs said on Wednesday it was raising its forecast for the U.S. 10-year Treasury yield to 2.25% by end-2022 and to 2.45% by end-2...
February 9, 2022
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July 21, 2021
AMC Entertainment shares up almost 25% as trading volume climbs 07/20/2021 21:46 (Corrects typo in the last sentence) (Reuters) - Shares in AMC Entertainment closed up 24.5% on Tuesday after a late session volume spike boosted the cinema operator which has been a big focus on social media. AMC shares ended the session at $43.09 after rising as high as $44.39. With trading volume around 166 million shares it was the second most actively traded on stock on U.S. exchanges on the day. While th...
July 16, 2021
By Syndicated Content Jul 15, 2021 | 1:28 PM (Reuters) â Shares of retail favorite AMC Entertainment were fighting to reverse a recent string of losses Thursday, as Wall Street debated the longevity of a trading frenzy in stocks that gained a massive following on social media in 2020. AMC shares were recently up 1.7% at $33.99 after four straight days of losses. The hugely volatile stock has lost more than half its value since hitting a record high of $76.62 on June 2. On Thurs...
May 27, 2021
AMC Entertainment shares rise more than 50% 05/27/2021 18:09 (Reuters) - Shares in cinema operator AMC Entertainment were up 50.2% at $29.38 in a high-volume trading session on Thursday after rising as high as $29.72 earlier. AMC, which is popular on social media and among members of Reddit investing forum WallStreetBets, was last up more than 1,400% for the year to date. And with about 450 million shares already changing hands, Thursday was already AMCs busiest trading session since ear...
May 14, 2021
AMC shares add to rally with strong focus among retail investors 05/14/2021 17:51 (Reuters) - Shares in heavily shorted AMC Entertainment Holdings were up 4.0% in heavy trading on Friday, with the cinema operator the top focus on social media forums popular among retail investors. The gain was forcing bearish investors out of their positions, according to one analyst who watches short-sellers. AMC last traded at $13.28 after rising as high as $14.34 earlier in the session, with volume 2.5...
April 15, 2021
Message : Required fields (Reuters) - Shares of GameStop Corp rose 18% on Wednesday, snapping a seven-day losing streak to post their biggest one-day increase since March 25. The video game retailers shares closed at $166.53 with trading volume that was more than twice the stocks 10-day moving average. Other so-called meme stocks - shares favored by the denizens of online communities such as Reddits WallStreetBets - were also volatile on Wednesday. Some supporters of the stock pointed to a...
April 14, 2021
Credit Suisse offers big blocks of Discovery, iQIYI shares related to Archegos: sources FILE PHOTO: Logo of Swiss bank Credit Suisse is seen in Zurich (Reuters) – Credit Suisse put large blocks of shares in media company Discovery Inc and iQIYI Inc on the market after regular trading ended on Tuesday, multiple sources said, as the bank continued unwinding positions related to last month’s meltdown of Archegos Capital. Credit Suisse has not yet finished unwinding its Archegos positions, ...
April 14, 2021
GameStop leads "stonks" higher 04/14/2021 17:41 (Reuters) - Shares in GameStop Corp were up 18.1% in active trading on Wednesday after falling in six of the last seven sessions, putting the video game retailer on track for its biggest gains since March 25. There was no obvious new catalyst for the price increase in the "stonk", the term used to refer to highly volatile stocks that have been a focus for members of online Reddit forum WallStreetBets. Other stocks often mentioned in the forum...