Monthly Buzz: Stocks slip following their best month since 2020
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Welcome back to Monthly Buzz. Did you read the breaking news about the stocks in which you invest? Is there any company on the list that you didn't follow? Check out the buzzing stocks on moomoo you may have missed out on!
Buzzing Stocks List
1. AMC – Buzzing Stars: ⭐⭐⭐⭐⭐
Aug 05: AMC stock rallied 18.86% as it planned to issue preferred stock under the ticker symbol "APE".
Aug 17: AMC Entertainment shares were trading 13.91% lower as the stock pulled back following recent strength in "Reddit Stocks".
Aug 23: AMC fell 8.60% after Cineworld's bankruptcy warning on the day "APE" started trading.
2. TSLA – Buzzing Stars: ⭐⭐⭐⭐
Aug 05: Tesla shares dropped 6.63% after shareholders approved a 3-for-1 stock split.
Aug 22: Tesla raised the price of its "full self-driving" feature to $15000, leading to a 2.28% down in the stock price.
Aug 26: Tesla shares closed 2.7% lower after the 3-for-1 stock split.
3. BBBY – Buzzing Stars: ⭐⭐⭐⭐
Aug 05: Bed Bath & Beyond shares soared 32.68% amid suspected short-squeeze.
Aug 19: Billionaire investor Ryan Cohen sold out Bed Bath & Beyond shares, sending the company's shares down more than 40%.
Aug 29: BBBY rose 24.77% as meme stock investors expressed optimism ahead of the retailer's strategic update.
4. MEGL – Buzzing Stars: ⭐⭐⭐⭐
Aug 05: Magic Empire Global shares soared more than 2,325% in its debut session.
Aug 09: MEGL plummeted nearly 89% for no obvious reason, but just days after the stock exploded following its IPO.
Aug 15: MEGL spiked 115% in meme stocks frenzy.
5. AAPL – Buzzing Stars: ⭐⭐⭐
Aug 03: Apple stock rose 3.82%, contributing around a quarter of the blue-chip gauge's intraday rally.
Aug 10: Apple could raise iPhone 14 average selling price by as much as 15%, sending the shares up 2.62%.
Aug 26: Apple shares fell 3.77% after Federal Reserve Chairman Jerome Powell said the Fed would continue to raise interest rates to fight inflation.
6. GME– Buzzing Stars: ⭐⭐⭐
Aug 08: GameStop grew 8.57% following the media coverage over the weekend.
Aug 16: GameStop shares were trading 6.33% higher amid strength in possible sympathy with Bed Bath & Beyond, which has surged amid retail investor attention on social media.
Aug 22: GameStop shares fell 5.45% as the meme stock rally ended.
7. BABA – Buzzing Stars: ⭐⭐⭐
Aug 03: Alibaba shares grew 3.35% after the company said it would strive to maintain its listing status on both the NYSE and the HKEX.
Aug 05: Alibaba's stock price target was cut to $135 from $145, dragging its price down by 5%.
Aug 25: Alibaba shares rose 8% following news that the Chinese government will add more stimulus to its economy.
8. MULN – Buzzing Stars: ⭐⭐⭐
Aug 02: Mullen's southern California-based company opened a new development center, which drove the stock price 5.59% higher.
Aug 08: Although Mullen announced preliminary third-quarter results and reported $99 million in cash and cash equivalents on hand, its shares dipped 6.31%.
Aug 22: Mullen announced that the first EV crossover demo vehicles would arrive in Oct 2022, but its shares declined by 6%.
9. NIO – Buzzing Stars: ⭐⭐⭐
Aug 05: NIO shares were trading 3% lower even though it announced to set up a $100 million mobile tech firm.
Aug 11: NIO launched its support for Formula Student Germany, driving shares up 3.84%.
Aug 23: NIO opened a new service center in Shanghai, the largest one in China, but its shares shed 3.48%.
10. BBIG – Buzzing Stars: ⭐⭐
Aug 16: Vinco Ventures stock hiked 58.77% after trading in the company's stock was halted.
Aug 23: BBIG slumped 14% after Vinco Venture postponed the shareholder call schedule.
Aug 26: BBIG declined by 7.92% after Ross Miller was appointed as co-CEO.
That's all for Monthly Buzz. Thanks for reading. ![]()
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UNeverSleppWell : meme stocks to the moon
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ProTraderMark : Watching healthcare stocks recently and looking forward to their performance in September
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