The meme stocks have had another big week with double-digit price increases for many, including AMC Entertainment Holdings Inc., GameStop Corp., BlackBerry Ltd. and Nokia Corp.
With so much buzz on Reddit’s WallStreetBets channel and other social media outlets driving price increases, AMC announced and sold 11.55 million new shares in an at-the-market offering in the space of six hours. Tomi Kilgore breaks down the action and AMC’s preview of more shares to be offered.
AMC minced no words while warning potential new investors that they could lose a lot of money if they bought the shares.
More on the meme-stock craze:
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If you are 55 or older, you might want to live in a community limited to your age group. But a search can be complicated. Morrey Stettner has some advice to make it easier.
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Mark Hulbert identifies three pillars of the overall remarkable performance for U.S. stocks over the past decade and finds that all three supports may be slipping.
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Paul Merriman has been asked by young investors whether they should invest in bitcoin. That’s quite a challenge for someone who believes in the power of sustained long-term investing. Here’s how he answered.
What disappoints economists pleases investors
The U.S. economy added 559,000 jobs during May, while the national unemployment rate declined to 5.8% from 6.1% in April. Economists may have been unhappy with the official numbers, but after the Bureau of Labor Statics released the numbers on Friday, rising demand for bonds pushed interest rates lower and stock prices moved higher. Mark DeCambre explains why investors were pleased.
Seattle’s hot property market makes it easier to leave
Jacob Passy helps a reader who enjoys living in Seattle but is ready to take advantage of the increase in home prices there to make a move that will help a family member.
For your own retirement location search, try MarketWatch’s upgraded retirement location tool, which now includes data for more than 3,000 U.S. counties.
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