{"id":13743,"date":"2022-05-13T12:03:38","date_gmt":"2022-05-13T12:03:38","guid":{"rendered":"https:\/\/harchi90.com\/gamestop-investors-rush-back-in\/"},"modified":"2022-05-13T12:03:38","modified_gmt":"2022-05-13T12:03:38","slug":"gamestop-investors-rush-back-in","status":"publish","type":"post","link":"https:\/\/harchi90.com\/gamestop-investors-rush-back-in\/","title":{"rendered":"GameStop investors rush back in"},"content":{"rendered":"<div>\n<div>\n<figure>\n<div id=\"av-hermes\/2022-05-12-2029-game-stop-stock-XM2P9\" style=\"max-width:100%\"><img loading=\"lazy\" alt=\"Source: FactSet;  Chart: Axios Visuals\" class=\"axios-visual-apple-fallback-image\" src=\"https:\/\/i0.wp.com\/graphics.axios.com\/hermes\/2022-05-12-2029-game-stop-stock\/fallbacks\/2022-05-12-2029-game-stop-stock-apple.png?resize=1131%2C1110&#038;ssl=1\" width=\"1131\" height=\"1110\" data-recalc-dims=\"1\" \/><\/div><figcaption>Source: FactSet;  Chart: Axios Visuals<\/figcaption><\/figure>\n<\/div>\n<p>Meme stocks GameStop and AMC rallied Thursday.  Shares of the companies closed up 10% and 8%, respectively, in contrast to the day&#8217;s relatively flat trading sessions.<\/p>\n<ul>\n<li>At one point during the day, GameStop shares soared more than 30% and trading was halted for volatility multiple times, while AMC shares reached 20% gains.<\/li>\n<\/ul>\n<p><strong>What they&#8217;re saying: <\/strong>&#8220;Chances are most of these people who bought these crummy stocks last year &#8230; have lost a whole lot more than they would have in the broader market, [and they&#8217;re] just looking for a gamble, a lottery ticket to try to get it all back, &#8220;Randy Frederick, managing director of trading and derivatives at the Schwab Center for Financial Research, tells Axios.<\/p>\n<p><strong>The big picture: <\/strong>The moves are also part of the new normal &#8211; wild intraday market swings that reflect growing investor uncertainty about where the economy is headed.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Source: FactSet; Chart: Axios Visuals Meme stocks GameStop and AMC rallied Thursday. Shares of the companies closed up 10% and 8%, respectively, in contrast to the day&#8217;s relatively flat trading sessions. At one point during the day, GameStop shares soared more than 30% and trading was halted for volatility multiple times, while AMC shares reached &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/harchi90.com\/gamestop-investors-rush-back-in\/\"> <span class=\"screen-reader-text\">GameStop investors rush back in<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":13744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[8],"tags":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/images.axios.com\/e9Rq8SgOPW0Cx4___sTgVI0Aoj4=\/0x0:1604x902\/1366x768\/2022\/05\/12\/1652392233560.png?ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"fifu_image_url":"https:\/\/images.axios.com\/e9Rq8SgOPW0Cx4___sTgVI0Aoj4=\/0x0:1604x902\/1366x768\/2022\/05\/12\/1652392233560.png","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/13743"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=13743"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/13743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media\/13744"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=13743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=13743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=13743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}