Meme stocks are on the move today with some of Reddit and retail traders’ favorite shares climbing higher on Monday!
Following that, AMC Entertainment CEO Adam Aron said that other similar investments could take place. That may see AMC acting as an investor in other stocks that retail traders are taking a liking to.
With this news sending AMC and HYMC stock higher, it looks like other meme stocks are moving in symphony with them. That’s not surprising and is something we’ve witnessed in the past.
While some traders might take a chance on meme stocks, others choose to steer clear. That’s due to the volatility these shares often see. Keep that in mind before making any investments today.
Let’s check in on how today’s new is affecting several of the top meme stocks below!
Meme Stocks Rising Monday
- AMC Entertainment stock is gaining more than 21% as of Monday afternoon.
- GameStop (NYSE:GME) shares are climbing almost 10% higher this afternoon.
- Hycroft Mining stock is getting an over 54% boost as of this writing.
- Mullen Automotive (NASDAQ:MULN) shares are rising more than 12% alongside a new look at the electric vehicle (EV) company’s balance sheet.
- Bed Bath & Beyond (NASDAQ:BBBY) stock is sitting over 1% higher Monday afternoon.
- NIO (NYSE:NIO) shares are increasing more than 2% as of this writing.
Investors searching for more stock market news today are in the right place!
We’ve got all the latest stock market news that traders need to know about for Monday! A few examples include what has Coinbase (NASDAQ:COIN) stock jumping, why shares of Rolls-Royce (OTCMKTS:RYCEY) stock are losing traction, as well as details on a Tesla (NASDAQ:TSLA) stock split. You can find all of this news at the following links!
More Monday Stock Market News
- Why Is Coinbase (COIN) Stock Up Today?
- Why Is Rolls-Royce (RYCEY) Stock Down Today?
- When Is the Tesla Stock Split Date? What Is the Latest Tesla Dividend News?
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.
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