The metaverse produced some real-world gains for investors on Monday. Shares in companies already active in the space, or likely to be so, rose notably on the day following a team of analysts' very bullish take on the industry. Bellwether stock Meta Platforms (NASDAQ: FB) posted a 4% increase, Apple (NASDAQ: AAPL) advanced by nearly 2.4%, and Roblox (NYSE: RBLX) surged ahead by 8.6%. Read More...
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3 Stocks to Avoid This Week
GameStop (NYSE: GME), Chewy (NYSE: CHWY), and AMC Entertainment (NYSE: AMC) — soared on Monday. All three stocks would go on to decline over the final four trading days of the week, but only one of them fell enough to offset the initial Monday pop. GameStop, Chewy, and AMC Entertainment rose 15%, fell 11%, and climbed 9% last week, respectively, averaging out to a hearty 4.3% increase.
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