AMC and other now-household-name companies that have nothing in common other than capturing the imaginations and pocketbooks of online retail traders have been benefitting from another collective push by retail investors who feel there’s quick money to be made.
AMC s stock has soared more than 1,400% this year, leading gains among the group of meme stocks that have continued to be rooted on by traders retail investors in what has been dubbed a Reddit rally - a nod to the Reddit platform where investors encourage one another to bid up what they see as undervalued companies.
For AMC and CEO Adam Aron, the ongoing trading frenzy that has seen the movie theater giant’s shares zip as high as $32 and as low as $2 over the past six months has been an ongoing opportunity to issue shares and raise more capital as the company looks to return to a post-pandemic normal.
Online Gaming Market with COVID-19 Impact Analysis, Top Companies , Market Size, Share, Growth, Trends, Challenges, Opportunities, Forecast To 2027
iCrowd Newswire
Online gaming is also termed as video gaming, which can reduce stress, lighten depression, improve the ability to multi-task, and improve decision making skills, increase vision. Online gaming is classified into various types and age groups such as Mobile Games, Play-to-Play-Games, Free-to-Play Games, Pay-To-Play Games, and Pay-In-Play – Games, and Below 10 Years, 11-18 Years, 19-24 Years, 25.34 years, 35-44 Years, and 45 and above 45 years, respectively
Increase in consumer awareness towards interactive entertainment system is the key driving factor which is expected to boost the global online gaming market growth. Furthermore, increase in penetration of smartphones and internet is expected to propel the global online gaming market growth. Also, availability of high-speed internet and efficient hardware compatibility
Truist Securities raised its price target on Roblox to a Wall-Street-high $103 from $83, estimating that second-quarter bookings would exceed consensus.