Is it time to bail out of stocks and bonds? This isn’t the market that investors likely signed up for back in 2021 when shares in GameStop Corp. GME, +4.69% and movie chain AMC Entertainment Holdings AMC, +3.72% were headed to the moon, drawing in droves investing neophytes. The meme-stock frenzy, the one underpinned by … Read more
Robinhood Markets Inc.’s CAP -6.45% the stock fell 14% in premarket trading after the brokerage reported a $423 million loss for the fourth quarter. The company had an increase in technology and administrative costs that came at the expense of bottom line. The brokerage used by individual investors posted revenue of $363 million for the … Read more
“Watch out! Here comes the Spider-Man.” Indeed, fans of Marvel’s web-slinging superhero can be forgiven for humming the theme song from the 1967 animated series, because it sure seems like Spider-Man is doing everything a spider can… at least when it comes to lifting AMC Entertainment AMC, +1.99%‘s shares. The cinema chain managed to sidestep … Read more