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Chris Katje

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3 minute read
  • Movers
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GameStop, AMC Stock In Freefall Wednesday: Is 2024 Meme Stock Rally Over?

By Chris Katje
May 15, 11:31 AM
The return of Roaring Kitty on social media helped spark a rally in meme stocks. Roaring Kitty continues sharing posts, but stocks are falling. Is the rally over?

AMC

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Walmart Q1 Earnings Preview: Analyst Estimates, ‘Everyday Low Price’ Model Resonates With Households Across Income Levels

By Chris Katje
May 15, 11:00 AM
Walmart is cutting corporate jobs and asking remote workers to move to corporate hubs as part of a downsizing effort.

COST

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3 minute read
  • Equities
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5 Ways The GameStop, Meme Stocks Rally Could Fizzle: Stock Offerings, Boredom And More

By Chris Katje
May 14, 5:30 PM
The current rally in meme stocks echoes a movement started in 2021. Several factors led to that rally ending and could provide caution to investors this time around.

AMC

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2 minute read
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Roku Dives Deeper Into Live Sports: Is New MLB Partnership A Home Run?

By Chris Katje
May 14, 4:59 PM
Streaming company Roku could become a player in the live sports market and has landed a deal with Major League Baseball.

CMCSA

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Rumble Q1 Earnings Highlights: Revenue Miss, EPS Miss, Lawsuit Filed Against Google

By Chris Katje
May 14, 4:38 PM
Rumble shared their Q1 financial results and shared a lawsuit filed against Google.

GOOG

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Robert F. Kennedy Sues Meta Platforms, CEO Mark Zuckerberg, Accuses Social Media Giant Of Suppressing Third-Party White House Campaign

By Chris Katje
May 14, 4:10 PM
Robert F. Kennedy Jr. is suing social media company Meta Platforms alleging first amendment violations.

META

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Dave Portnoy Buys $250K GameStop Stock, $250K AMC Stock: ‘I Wish I Bought More’

By Chris Katje
May 14, 3:32 PM
Dave Portnoy invested half a million dollars in GameStop and AMC and wishes he had bought more for the current meme stock rally.

AMC

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GameStop Option Traders Active Before Roaring Kitty’s Tweets, Might Have Made Millions

By Chris Katje
May 14, 2:28 PM
Options activity in GameStop began picking up in late April and increased last week, ahead of a return to social media by Roaring Kitty.

GME

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2 minute read
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GameStop’s David Vs. Goliath Rematch: Shorts Face $1.4B Loss In 2024 As Roaring Kitty Returns

By Chris Katje
May 14, 12:19 PM
Data shows that short sellers lost $1 billion with GameStop's increased share price on Monday. Here's a look at how much short sellers are down on GameStop year-to-date and how AMC could be next up.

AMC

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3 minute read
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If You Invested $1,000 In GameStop Stock When ‘Dumb Money’ Was Released In Movie Theaters, Here’s How Much You’d Have Today

By Chris Katje
May 13, 7:34 PM
"Dumb Money" was released in theaters in 2023 telling the story of Keith Gill and others involved in the GameStop short squeeze. Months later, Gill returns on social media as Roaring Kitty.

GME

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