The Nasdaq has halted trading for GameStop ($GME) and AMC Entertainment ($AMC) stocks. This decision comes amid significant volatility and high short interest in these stocks, which have seen rapid price movements. The halt was implemented to mitigate the extreme fluctuations and protect investors. Both stocks have been popular among retail investors, often referred to as 'meme stocks,' and have experienced substantial trading activity.
lol that trading didn't last long $AMC https://t.co/HEv7ENFdrx
It's awesome what @TheRoaringKitty did with $AMC and $GME But @greatstockpicks is out here daily giving us bangers! $FFIE https://t.co/OSwX8Cvq19
Mad Max theme now. $GME $AMC https://t.co/pmGaT4OTDd
šØ LATEST: @Nasdaq has stopped the trading of $GME (@GameStop) and $AMC (@AMCTheatres) stocks. https://t.co/vRPwlJJR5v
High short interest stocks like $GME $AMC burned shorts on the way up and now creating bag holders on the way down
$AMC halted to the downside. $spy $spx $gme
šØ LATEST: @Nasdaq has stopped the trading of $GME (@GameStop) and $AMC (@AMCTheatres) trading. https://t.co/JhD91U0JLB
When my kid grows up he's going to ask me: "Daddy where were you when they halted stock trading for $GME and $AMC?" "Well son, I was where I belonged: trading the meme coin versions of those on -chain." š