American Virtual Cloud Technologies Inc.

NASDAQ: AVCT
$0.38
-$0.03 (-6.9%)
Closing price May 20, 2022
U.S. markets took a beating Monday morning, but all three major indexes were clawing back some gains for morning lows.
Tesla easily beat fourth-quarter delivery estimates to bring its 2021 delivery total to near 1 million vehicles. There have been some interesting developments in other meme stocks as well.
Two meme stocks were trading with gains of around 20% at noon on Monday.
Hopes are up for a good start to the Santa Clause rally, and a couple of meme stocks are doing their part.
Tesla CEO Elon Musk is still selling shares and exercising expiring options. He still has more to go before year-end.
Tesla stock rises despite a new federal safety investigation and AMC stock falls on flagging sentiment.
Meme stock winners far outnumbered losers on Tuesday, and one of those winners is posting another big gain in Wednesday's premarket.