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But any news will come from Rockstar - Grand Theft Auto V continues to sell at unprecedented pace, despite nearing its eig...

'We Were All Cocky': AMC Investors Reflect on Their Bid to Take Stock to the Moon Gene Maddaus, provided by FacebookTwitterEmail For a brief moment, Aiden and his friends believed that they were investing gods. Aiden is a 20-year-old business student at San Diego State University. In recent months he and his friends have been drawn to the Reddit group WallStreetBets, where users trade stock tips and brag about their “diamond hands.” They bought GameStop and AMC Entertainment, two ailing companies that the group predicted would take off in a short squeeze for the ages. More from Variety A...

Provided by Dow Jones By Maria Armental Activision Blizzard Inc. was among the best performers on the S&P 500 Friday with a 9.4% gain to $101.39, following record results in 2020 with more than $8 billion in revenue and $2 billion in profit and company executives' bullish tone for 2021 and beyond. The last time the company's stock traded at those levels was in early 1984, according to FactSet. "We are entering 2021 with momentum across our largest franchises," Chief Operating Officer Daniel Alegre said in a conference call with analysts. "We are only at the be...

Skip to main content AMC Theatres Shares Just Plunged More Than 50%. What's Next for Stocks Roiled by Reddit? Rebecca Rubin, provided by FacebookTwitterEmail AMC Entertainment’s shares took a steep tumble Thursday, not yet a coda to the company’s frenetic stock market activity fueled by users on Reddit, TikTok, the app Robinhood and other social media platforms. AMC’s stock was down more than 50% on Thursday afternoon, one day after it surged more than 300% and skyrocketed to $20.31 per share. Comparatively, AMC’s stock was trading at roughly $4 per share in October. It is currently ...

Like last year, James Bond pic 'No Time to Die' might lead a slew of delays from studios as insiders strategize on how long it will take for box office to be revived.