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‘Bad Omen’ For Meme Stocks And The Retail Trading Boom? Here’s What The Data Says

'Bad Omen' For Meme Stocks And The Retail Trading Boom? Here's What The Data Says

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Social media meme stocks GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) took a beating this week, with GameStop on track to finish the week down 9% and AMC set to lose 20.9% in Friday afternoon trading. DataTrek Research co-founder Nicholas Colas said this week there is an ominous sign the meme stock phenomenon may be dying a slow death.

...read full article on Benzinga

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