A newly revealed Department of Justice investigation into short selling could have a ripple effect on meme stocks, many of which benefit from short squeezes to lift their share prices.
CEO stock sales have had a negative effect on share prices for a couple of well-known meme stocks.
Some of Cathie Wood's ARK Invest exchange-traded funds sold over 40,000 shares of Tesla on December 9.
Tesla is in a bit of hot water with U.S. regulators, and nobody seems to want to own stock in Southeast Asia's superapp, except the big guys that already control nearly 50%…
Meme stocks, like most U.S. equities, had a good day Tuesday and were off to a positive start in premarket trading Wednesday.
Tuesday afternoon's top analyst upgrades and downgrades included Alibaba, Apple, AstraZeneca, Canopy Growth, CNX Resources, Murphy Oil, Ross Stores and Tesla.
One of Cathie Wood's ARK Invest exchange-traded funds sold nearly 34,000 shares of Tesla on December 6.
Reduced concern for the impact of the Omicron variant of the coronavirus lifted stocks higher on Monday. The effect appeared to be continuing in Tuesday's premarket trading.
A couple of SEC investigations have cooled off share prices for some popular meme stocks.
One of Cathie Wood's ARK Invest exchange-traded funds sold nearly 120,000 shares of Tesla on December 3.
A couple of Cathie Wood's ARK Invest exchange-traded funds sold over 80,000 shares of Tesla on December 2.
Tuesday's market meltdown didn't miss meme stocks. But there were a few stocks that weathered the storm pretty well.
Here's a look at four meme stocks that were trading at the top or bottom end of our watch list.
Friday's shortened trading session was dominated by the news of a new coronavirus variant and its impact on investors.
An FDA directive has hammered a coronavirus vaccine maker Friday morning as a new variant of the infection is discovered in South Africa.
