Meme stocks outperforming the market
- GameStop and AMC shares are up 4% and 1.5% respectively
- GameStop is on pace for its largest daily percentage gain since Dec. 18
- AMC is on pace for its biggest percentage gain since Dec. 11
- S&P 500 index is down 0.01%
Shares of GameStop and AMC Entertainment Holdings are on the rise, outpacing the S&P 500 index. GameStop is set for its largest daily gain since December, while AMC is on track for its biggest gain since December as well. Both stocks have been enjoying meme-like rallies recently. Despite falling earlier in the year, these stocks are now on winning streaks. Meanwhile, the S&P 500 index is slightly down.
Public Companies: GameStop Corp. (GME), AMC Entertainment Holdings Inc. (AMC), S&P 500 index (SPX)
Private Companies:
Key People:
Factuality Level: 8
Justification: The article provides factual information about the stock performance of GameStop and AMC compared to the S&P 500 index. The information is specific and quantifiable, without any obvious bias or opinion. However, the article does not provide any context or analysis beyond the stock performance numbers.
Noise Level: 2
Justification: The article provides straightforward information about the stock performance of GameStop and AMC, without any irrelevant or misleading information. It stays on topic and supports its claims with data and examples. However, it lacks thoughtful analysis, antifragility considerations, and accountability of powerful people. It also does not provide actionable insights or solutions.
Financial Relevance: Yes
Financial Markets Impacted: GameStop Corp. and AMC Entertainment Holdings Inc.
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification:
www.marketwatch.com 
