Some “meme” stocks are slipping in Monday trading,AMC Entertainment stock fall 13%,the shares of Sundial Growers drop 7%,GameStop Corp. stock is down 2%.These stocks are identified as a potential gamble using methodology from recently published research paper—from Alok Kumar of the University of Miami, Houng Nguyen of the University of Danang, and Talis Putnins at the University of Technology Sydney and Stockholm School of Economics. The group proposed looking at the average volume over 30 days
Disney stocks soared, after Disney CEO Bob Chapek says Disneyland to reopen on April 30
California's twoDisneytheme parks will reopen on April 30, CEO Bob Chapek said on CNBC's "Squawk Alley" Wednesday.All theme parks in California have been closed due to Covid-related restrictions for the past year. While guidelines in other states, like Florida, allowed parks to reopen with limited capacity, California's rules have kept theme parks big and small shuttered.However, new state guidance permits amusement parks to reopen beginning April 1 with 15% to 35% capacity depending on the prev