Will the GameStop-AMC Bloodbath Continue?
After notching triple- or even quadruple-digit gains in just weeks, it appears the the honeymoon may be over. In recent days, meme stocks (i.e., stocks heavily influenced by people online) like GameStop (NYSE: GME), AMC Entertainment (NYSE: AMC), and others have come crashing down, losing the bulk of their recent gains. This has many investors wondering what's next.
In this video clip from Motley Fool Live, recorded on Jan. 28, "The Wrap" host Jason Hall and Fool.com contributors Danny Vena and Dan Caplinger discuss the ongoing short squeeze phenomenon and the tug-of-war between longs and shorts, leaving Wall Street caught in the spotlight.
Source Fool.com
