{"id":78484,"date":"2021-06-11T00:16:00","date_gmt":"2021-06-11T04:16:00","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=78484"},"modified":"2021-06-11T00:12:02","modified_gmt":"2021-06-11T04:12:02","slug":"meme-stocks-hit-a-wall-on-thursday-with-gamestop-amc-and-clover-down-big","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2021\/meme-stocks-hit-a-wall-on-thursday-with-gamestop-amc-and-clover-down-big.html","title":{"rendered":"Meme stocks hit a wall on Thursday with GameStop, AMC and Clover down big"},"content":{"rendered":"\n<p>(CNBC) The meme stock mania created by the day trading Reddit crowd&nbsp;fizzled a bit on Thursday. It\u2019s easy come, easy go for many speculative names favored by retail investors including <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/AMC\" target=\"_blank\">AMC Entertainment<\/a> and <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/GME\" target=\"_blank\">GameStop<\/a> as they suffered double-digit losses on Thursday, pulling back from their recent explosive rallies. The video game retailer shed 27.2% even after announcing two high-profile executive hires from Amazon. The movie theater chain dropped 13.2% on Thursday, turning negative on the week.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/06\/10\/meme-stocks-hit-a-wall-on-thursday-with-gamestop-amc-and-clover-down-big.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The meme stock mania created by the day trading Reddit crowd&nbsp;fizzled a bit on Thursday. It\u2019s easy come, easy go for many speculative names favored by retail investors including AMC Entertainment and GameStop as they suffered double-digit losses on [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78484","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=78484"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78484\/revisions"}],"predecessor-version":[{"id":78488,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78484\/revisions\/78488"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=78484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=78484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=78484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}