AMC Entertainment Holdings Inc AMC:NYSE

Last Price$12.03NYSE Previous Close - Last Trade as of 7:00PM ET 5/20/22
NYSE 15-minute delayed Bid/Ask Quotes
Today's Change0(0.00%)
Bid (Size)$12.06 (5)
Ask (Size)$12.12 (5)
Day Low / HighN/A - N/A
Volume41.4 M

Social Buzz: Wallstreetbets Stocks Mostly Rally; Peloton Slumps 25%

3:23PM ET 1/20/2022 MT Newswires
Most of the Wallstreetbets stocks were trading higher on Thursday afternoon, with the exception of Peloton (PTON) and AMD (AMD).

GameStop (GME), which is at the heart of the meme stock phenomenon, rose 1.4% after seven straight days of declines.

SoFi Technologies (SOFI) continued its upward trend, trading 14.7% higher following regulatory approvals for its banking license.

Lucid (LCID) was marginally up and AMC Entertainment (AMC) rallied 1.9%.

Meanwhile, Peloton stood out in the list as it dropped 25% on a report that the exercise equipment maker plans to temporarily suspend its Bike output from February to March and the Tread treadmill production for six weeks due to a fall in demand.

Tesla (TSLA) advanced 1.9% even as its discussions with the Indian government over potential tax benefits are hitting a dead end. The US electric automaking giant also has reportedly applied to extend its trademark to audio equipment, according to a report by Electrek.

AMD slipped 1.5% after Piper Sandler lowered its price target on the company to $130 from $140 and investment rating to neutral from overweight.

Palantir Technologies (PLTR) rose 2.8% in line with the broader market.

Microsoft (MSFT) was up 1%. Vuzix (VUZI) said its smart glasses are now compatible with Microsoft's Endpoint Manager to manage devices that run on Android Open-Source Project. BofA reiterated that the technology giant continues to be a top pick and said it expects the company to report strong fiscal Q2 results next week.

Robinhood Markets (HOOD) gained 1%. In a blogpost, the fintech company said it has launched a new shareholder Q&A feature on its app to enable investors to ask questions to leaders of companies they invest in.

Price: 104.80, Change: -1.77, Percent Change: -1.66