At midday on Monday, May 13, 2024, U.S. equities displayed a mixed and relatively unchanged trend in response to a New York Federal Reserve report indicating a rise in consumer inflation expectations. The Dow and S&P 500 remained flat, while the Nasdaq experienced a slight increase
GameStop and AMC Shares Surge
Shares of GameStop and AMC Entertainment rallied significantly, propelled by the return of trader Keith Gill, also known as “Roaring Kitty,” to online forums after almost three years. This resurgence has reignited speculation among retail investors regarding potential surges in GameStop and other meme stock price
Intel in Talks for Irish Factory
Intel’s stock rose after reports surfaced about the company engaging in advanced discussions with Apollo Global Management. The private equity firm is reportedly considering a backing of over $11 billion to support Intel’s plans for constructing a factory in Ireland
Uber and Lyft Face Legal Challenges
Uber Technologies and Lyft witnessed a decline in share prices as a legal trial commenced in Massachusetts. The trial involves allegations accusing the ridesharing companies of misrepresenting their workers as contract workers instead of employees
Original article: “Top Stock Movers Now GameStop Intel Uber and More” https://www.investopedia.com/top-stock-movers-now-gamestop-intel-uber-and-more-8647505
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