Several stocks favored by the retail investor crowd saw gains earlier this week, but what looked like a promising meme stock rally fizzled out by Thursday.
Classic meme stock names including GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) were high on trending tickers lists and listed as some of the biggest daily movers.
What Happened: GameStop shares appeared to have kicked off the recent rally on Tuesday, and had gained 40% by Wednesday, only to fall 10% at last check on Thursday.
According to an article from The Business Times, call volume began to dwindle Wednesday afternoon.
"They're panicking to get out," said Joe Mazzola, director of trading and education at Charles Schwab. "It shows that a lot of that fire, that enthusiasm, started to get a little exhausted."
Tupperware Brands Corp (NYSE:TUP) shares saw a similar rise on Wednesday, gaining nearly 16% and AMC Entertainment rose nearly 4% in sympathy with the other meme stock names. However, Tupperware shares were down by 6.5% and AMC also gave back all gains and was trading near its 52-week low at last check Thursday.
Carvana Co. (NYSE:CVNA) saw a steadier rise throughout November and spiked nearly 14% higher with other meme stocks Wednesday. CVNA appears to be holding its gains and remains up by nearly 15% over the last month.
What Happened To Retail's Diamond Hands? According to an article from Bloomberg, individual investors sold nearly $16 billion worth of stocks in October, more than any other month in the past two years. Retail investors may be concerned about increasing market headwinds and geopolitical conflicts, or they may just be thinking that "stonks" won't always go up.
GME Price Action: According to data from Benzinga Pro, at market close Thursday, shares of GameStop were down more than 10.46% at $14.55, AMC Entertainment were down 7.25% at $6.65, Tupperware were down 9.47% at $1.72 and Carvana were down 2.12% at $31.32.
本週早些時候,幾隻受到散戶投資者青睞的股票上漲,但看似令人鼓舞的模因股票漲勢在週四逐漸消失。
包括遊戲驛站(NYSE:GME)和AMC院線(NYSE:AMC)在內的經典模因股票在熱門股票排行榜上名列前茅,並被列爲每日漲幅最大的股票。
發生了什麼:遊戲驛站的股價似乎在週二拉開了最近的漲勢的序幕,到週三已經上漲了40%,但在週四的最後一次支票時才下跌了10%。
根據《商業時報》的一篇文章,週三下午通話量開始減少。
嘉信理財交易和教育董事喬·馬佐拉說:“他們驚慌失措地想逃出來。”“這表明,很多烈火,那種熱情,開始變得有些疲憊不堪。”
特百惠品牌公司(NYSE:TUP)的股價週三也出現了類似的上漲,上漲了近16%,而AMC院線則上漲了近4%,這與其他 meme 股票持平。但是,特百惠股價下跌了6.5%,AMC也回吐了所有漲幅,截至週四上次支票時交易價格接近52周低點。
Carvana公司(NYSE:CVNA)在整個11月份均穩步上漲,週三其他模因股票上漲了近14%。CVNA似乎保持了漲勢,並且比上個月上漲了近15%。
零售業的鑽石之手怎麼了?彭博社的一篇文章顯示,個人投資者在10月份出售了價值近160億美元的股票,比過去兩年來的任何一個月都要多。散戶投資者可能擔心越來越多的市場不利因素和地緣政治衝突,或者他們可能只是認爲 “股票” 並不總是會上漲。
GME價格走勢:根據Benzinga Pro的數據,週四收盤時,遊戲驛站的股價下跌超過10.46%,至14.55美元;AMC院線下跌7.25%,至6.65美元;特百惠下跌9.47%,至1.72美元;Carvana下跌2.12%,至31.32美元。