A meme stocks rally is underway Wednesday and that has some of Reddit’s favorites shares on the move today.
First off, let’s talk about some of the meme stocks that are caught up in today’s rally.
Meme Stocks Rally Targets
- AMC Entertainment (NYSE:AMC) stock is rising 1% as of Wednesday morning after surging at the open of trading.
- GameStop (NYSE:GME) shares are falling 3.8% after running higher in pre-market trading.
- Express (NYSE:EXPR) stock is taking a 6.8% beating despite a strong pre-market.
- Koss (NASDAQ:KOSS) shares are sitting 2.1% lower as of this writing despite a strong start of the day.
- BlackBerry (NYSE:BB) stock is jumping 2.1% higher this morning even after falling from its opening price.
Now let’s see what traders over on Reddit are saying about the meme stocks during today’s rally.
Meme Stocks Rally Reddit Talk
- “Made a ton of money on AMC last time, and lost it all listening to BB bagholders. Won’t make the same mistake this time around. Investing even more into AMC today” – DestinyBreach
- “Not a GME holder but there is something fun about watching that thing move +/- 20%+ for a week straight when it gets going.” — Evander85
- “Selling my EXPR calls at open, looking at DKS for a scalp.” — domesticish“
- “KOSS had a terrible ER with worse guidance this morning too, and yet it still went -6% to +9% at one point.” — yellow99y
- “Watch $BB is going to close at 12 or 13 then everyone is going to fomo and provide CHICKEN TENDERS.” — Whatabeezy
Overall, the meme stocks rally for Wednesday didn’t last all that long. However, that doesn’t mean it’s all done. Traders will want to watch these stocks throughout the day to see if another surge takes place.
There’s more stock market news traders will want to know about below!
We’ve got all the latest news traders need to know about today. A few examples include our pre-market stock movers, what happened to the market yesterday, as well as more meme stock news from Tuesday. You can find all of that at the following links!
More Wednesday Stock Market News
- Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Wednesday
- What Did the Stock Market Do Today, Aug. 24? 3 Big Stories to Catch Up On.
- Meme Stocks Mania: What Happened With GME and AMC Stocks Today?
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.