2 Stocks With Short Squeeze Potential In April Meme Stock Maven

The loss of March Madness could also cost the company $250 million or more in advertising revenue, UBS projected. One-quarter of Disney’s estimated TV viewership during the quarter ending in March 2019 also came from sports, which, for the most part, are not airing right now. The loss of the regular NBA season alone could cost Disney an estimated $450 million in ad revenue during the second quarter, UBS estimated. Disney, which sought to raise about $6 billion in a debt offer last week, also still has a solid balance sheet. Even with lower free cash flow this year, UBS expects Disney’s debt leverage to be back to back in-line with pre-coronavirus projections by next fiscal year. Combined, these five companies have lost about $92 billion in market value since the last market high on Feb. 19, largely thanks to Disney.

• The epically insane rise and fall and rise of shares in GameStop might look alarming to some folks, but long-term investors can rest easy.
• On the other hand, individual investors, particularly day traders will pay more attention to stocks with the highest average daily trading volume .
• Palantir is famous for its work for the US defense and national security community.

Semiconductor equipment maker Axcelis Technologies is eying continued growth as the auto industry looks to target electric vehicles. ACLS stock has formed a cup-with-handle base with a buy point of 79.93, euro to new zealand dollar exchange rate convert eur according to MarketSmith charts. Your stocks to watch for the week ahead are chip plays On Semiconductor , Monolithic Power Systems , Axcelis Technologies , Analog Devices and GlobalFoundries .

Analog Devices Stock

You might have seen the news this weekend that the voice of James Earl Jones is being cloned using AI so his performance as Darth Vader in Star Wars can live on forever. Powered and implemented byFactSet Digital Solutions.Legal Statement. Heading into the final week of trading for September, the Dow and S&P 500 are each down about 6% for the month, while the Nasdaq has lost 8%. One Big Tech stock looks «very attractive» in the medium term, according to Neil Veitch, investment director at SVM Asset Management.

The glazed-doughnut maker has been slinging the sweet treats for over 80 years and has stores all around the world. AMC Entertainment— The movie theater giant and meme-stock favorite slumped 8% following news that AMC would likely sell up to 425 million units ofAPE, which is its preferred shares. » will be watching our 3650 level this week,» Chronert wrote in a Sunday note, referring to the firm’s recession scenario level for the S&P 500. «Whether it holds or not, our base view is that earnings resilience will continue during the Q3 reporting period. We don’t see a specific macro catalyst in the immediate future.» Shares traded as low as $46.19 — marking its lowest valuation since becoming a publicly traded company.

Disney

And now, with deepfakes, Disney’s most iconic performances will live on forever, ensuring the magic never dies. Beyond The Way of the Househusband season two news and timing information about two The Witcher projects, you should make time for this incredible behind-the-scenes video showing the process of making Pinocchio. Andrew Webster and Charles Pulliam-Moore covered Netflix’s Tudum reveals (yes, it’s going to keep using that brand name) over the weekend as the streamer showed off things that haven’t been canceled yet. One fan, who goes by the name Metroid Mike 64 on Twitter, just built a full-on 2D Mario game inside Super Mario Maker 2 complete with 40 levels and eight worlds. The Double Asteroid Redirection Test scored a hit on the asteroid Dimorphos, but as Mary Beth Griggs explains, the real science work is just beginning. Nokia, BlackBerry, and Bed Bath & Beyond are also seeing stock rises that are likely linked to this Reddit group.

View our full suite of financial calendars and market data tables, all for free. Assign a minimum and maximum percentage move (expressed in +/- terms) in price level and look for stocks that fit that range – All of the most active stocks are volatile. The reason to choose a minimum percentage move is to ensure that the stocks you choose have enough price movement to get the return a trader needs. Liquidity in the form of active stocks simply means there is high demand for a stock. If a stock is experiencing a high trading volume, it is usually a signal that there is high demand that makes it easier to buy and sell.

• Disney, the firm forecasted on Wednesday, has been among the hardest hit; UBS lowered its revenue forecasts for Disney’s current fiscal year by 30%.
• American Express fell 2%, while insurance stock Travelers shed 3%.
• On this new European debt, AMC has the option of paying non-cash PIK interest throughout its duration.
• The selling wasn’t confined to the equities market, with crude oil, gold and Bitcoin all suffering steep losses.
• Yields and prices move in opposite directions, with one basis point equaling 0.01%.

The big moves in the UK currency and bond markets may be reaching technical oversold levels, according to Peter Boockvar of Bleakley Advisory Group. Shares of consumer discretionary and tech companies helped curtail losses in the S&P 500 in morning trading. In a statement released late-morning New York time, the central bank’s Monetary Policy Committee stopped short of an intermeeting interest rate hike. But it said it will «make a full assessment» of the pound’s fall «and act accordingly» at its next gathering. Shares of real estate companies Ventas and Kimco Realty were the two worst performing stocks in the broader market index, falling 5% and 4.8%. «A cheap currency is a strong equity tailwind in the developed world, leaving developed markets like the Euro area and Japan poised to benefit from their undervalued currencies,» Inker says.

This GME rocket ride has been attributed to a somewhat convoluted combination of elements. But most notable among them is an aggressive group of traders from the WallStreetBets community on the Reddit social media platform. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

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The stock hit a high of just below $80 apiece in July 2021 before coming down by 63% the same month. It intensified to a sobering reality in which shares changed hands at about 50% off Newegg’s IPO price. AMC is among those high-profile retail plays, along with GameStop, that birthed a new breed of traders – those thrill-seeking momentum chasers pumped to get into the intense price swings of downtrodden companies. In early 2021, AMC, a US movie theater chain, was on the brink of bankruptcy, pressured by looming debt and no love from investors. Eagle-eyed retail traders spotted an opportunity in the struggling company and piled in, shooting its stock price from $2 to more than $70. With the meme stock craze now a fading memory, AMC shares are changing hands at around $15 while its market value floats near $7bn.

After the price was pumped to around $20, at the end of January, it fell back below $6 at the beginning of February. However, it saw a bit of a resurgence towards the end of the month. It has now been steadily increasing since the beginning of March, recently breaching $14, where it is currently trading. The selling wasn’t confined to the equities market, with crude oil, gold and Bitcoin all suffering steep losses.

WSB realized that if they bought en masse, they could deal a blow to the «smart money» shorting GameStop stock. The subreddit’s short-squeeze strategy has claimed at least one pelt so far. Melvin Capital, one of GME’s most prominent shorts, was forced to take a $2.75 billion bailout from a couple of other hedge funds. Well known short seller Andrew Left said Jan. 27 that his Citron Research had covered the majority of its short position at a 100% loss, but it still maintains a small position.

This makes them far riskier investment ventures than, say, traditional automakers. Suffering from high short interest levels, the stock has been in freefall essentially since its IPO – today it is more than 70% below its initial, post-SPAC deal share price. Aterian has sported a utilization rate of 100% since the beginning of March. Utilization is the number of loaned shares divided by the available shares in the securities lending market.

Shares of both heavily shorted stocks closed up nearly 40% and 8%, respectively. At one point in the session, Bed Bath & Beyond shares soared as much as 63%. Bed Bath & Beyond shares posted their biggest one-day gain in more than a year.

On Semiconductor Stock

The vast majority of Reddit investors are young and see hedge funds as the old school controlling stocks and shares and bullying companies into administration through their positions. As one poster on r/wallstreetbets put it, it’s “a tug of war between tradition and the future” bullish flag formation signaling a move higher that has gotten really personal. “We need to take the wealth back from these boomers,” said one member of the Discord call encouraging investment in AMC. Fastly caught the public eye in 2019 when other tech stocks such as Lyft, Uber, and Zoom had their trading debut.

Could only mean one thing – you’re on Reddit, watching an award-sprinkled post on WallStreetBets. The company concerned is Microvision – a favorite among amateur investors brute-forcing their way to riches by piling into knocked-down stocks targeted by professional short sellers. Microvision, a technology firm, shot up to quadruple its valuation in January 2021 when it peaked at $23.50 a share. A short breather and then a new high was made in April when shares topped $28. The rally fizzled out in early 2022 when the company traded at around $3 a share. US data analytics group Palantir debuted at $10 a share in September 2020 but wasn’t much favored by investors even as it boasted a $16.5bn valuation.

Other than that, AMD, valued at roughly $130bn, has been showing signs of strength and ambitions for a data center powerhouse – the company acquired US rival Xilinx in a $35bn all-stock transaction in late 2020. Tech heavyweight Apple is not your typical small cap Reddit stock you could push around with a few of your mates placing market orders. Indeed, while Apple never had a reputation for a shorted stock, the iPhone maker briefly rubbed shoulders with Reddit favorites. Understandably, big time investors were betting on vaccine stocks.

CNBC Pro: Asset manager says one FAANG stock looks ‘very attractive’ in the medium term

GMO has long predicted better performance someday coming from emerging markets, but this latest currency realignment makes GMO seemingly more positive on developed economies’ markets too. The report, written by GMO partner Ben Inker, uses a Bank for International Settlements index measuring the dollar’s real effective exchange rate, in other words adjusted for inflation. The company behind services such as Tinder, Hinge, OkCupid and Match.com first went public via an initial public offering.

One of the common sorting metrics they use is to find stocks that have high volume and show a particular percentage price movement. When a stock is trading at exceptionally high volume, it is considered to be one of the “most active” stocks. Most traders want to macd stocks explained see volume that is measured in tens of thousands of shares in a specified time period . Once you find a stock whose price has moved up or down within the range you specify, make sure it is trading at a high enough volume to let you easily enter and exit a trade.