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GME - What Gamma Squeezes Up Must Come Down At AMC And GameStop
August, 25 2021 08:45 AM
GameStop Corporation
AMC is in debt with a failing business, while GameStop may grow in the near future. But neither stock reported any kind of fundamental news this week, and the share price moves seem unwarranted. The most likely explanation is that a "gamma squeeze" from call options trading drove both stocks up. For further details see:
What Gamma Squeezes Up Must Come Down At AMC And GameStop
Stock Information
Company Name:
GameStop Corporation
Stock Symbol:
GME
Market:
NYSE
Website:
gamestop.com
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