Meme stocks

GameStop shares rise 25% in early trade after completing stock sale

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A trader works as a screen displays the trading information for GameStop on the floor at the New York Stock Exchange on May 15, 2024. Brendan McDermid | Reuters GameStop shares rose 25% in premarket trading on Tuesday after the company on Friday announced that it had made around $933 million from a stock sale. … Read more

Reddit shares close near record after two-day meme stock rally

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Traders work as Reddit’s logo is displayed, at the New York Stock Exchange (NYSE) in New York City, U.S., March 21, 2024.  Brendan Mcdermid | Reuters Reddit shares popped 7% on Tuesday, climbing for a second straight day after retail traders kicked off a buying frenzy of so-called meme stocks. The stock closed at $62.34, … Read more