Yahoo Finance's Jared Blikre takes a look at several trending stocks, including Activision ahead of its purchase by Microsoft, Goldman Sachs, and meme stocks GameStop and AMC. Read More...
Motley Fool
Why AMC and GameStop Are Tumbling Today
Meme stock trio AMC Entertainment (NYSE: AMC), GameStop (NYSE: GME), and Tonix Pharmaceuticals (NASDAQ: TNXP) were all lower in morning trading Tuesday following the long weekend. There was no news directly associated with any of the stocks, but GameStop has a tangential relationship to big market news — though it may surprise a few people its shares are moving in the direction they are. Microsoft announced this morning it was acquiring Activision Blizzard for almost $70 billion in cash, or around $95 per share.
