The “buoyant stocks” that have received a lot of attention in the forward market of the New York Stock Exchange are rising across the board.
Game trading company Gamestopin the stock has already risen 100 percent to about $ 380. The stock opened in the forward market at $ 460. Yesterday, Gamestop’s stock ended up falling 44 percent to about $ 190.
The reason was probably a stockbroking service Robinhood decision to block the purchase of shares yesterday. Users were only allowed to sell.
Now the service has opened the share for redemption, albeit with the restriction that the share can only be purchased in full. It is therefore no longer possible to purchase shares.
A sharp rise in Gamestop’s stock from about $ 19 to over $ 400 has been blamed recently Redditin Wallstreetbets channel users. Users have targeted purchases at poor companies, which have been shortened a lot.
Discussors are now inciting each other to hold on to their shares so that the “short squeeze” expected on Friday would take place. Namely, the talkers believe that a large part of the shorts will become obsolete at a time when Gamestop’s share price should rise sharply.
Read more about this topic:
Nokia on the rise
Another hyped share, the cinema chain AMCshares are also rising by more than 50% in the upfront market. The price is now hovering over $ 13. The stock ended a 56 percent drop yesterday to about $ 8.6.
Finn Nokia has also been the subject of annealing and exceptional exchange rate reactions. The company’s share has risen more than six percent on the Helsinki Stock Exchange today, after yesterday’s decline. In the New York forward market, the stock is up more than eight percent. Yesterday, the stock fell nearly 30 percent in the United States.
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