'BANG' stocks mostly higher as broader market set for mixed open
The so-called "BANG" stocks, or a mixed collection of some of the more popular "meme" stocks, were mostly higher in premarket trading Monday, while futures suggest a mixed open for the broader market. Shares…
From the Equity Insider archive. This article dates from Jun 8, 2021 and is preserved as first published.
The so-called “BANG” stocks, or a mixed collection of some of the more popular “meme” stocks, were mostly higher in premarket trading Monday, while futures suggest a mixed open for the broader market. Shares of BlackBerry Ltd. BB, +13.78% rose 1.9% ahead of the open, AMC Entertainment Holdings Inc. AMC, +14.80% rallied 2.6%, Nokia Corp. NOK, +2.37% slipped 0.3% and GameStop Corp. GME, +12.74% climbed 1.1%.
The moves come after the group was mostly lower on Friday, with BlackBerry pulling back 12.7% to snap a 6-day win streak, AMC dropped 6.7%, Nokia was unchanged and GameStop shed 3.8%. The gains also come while futures ES00, -0.05% for the S&P 500 SPX, -0.08% are slipping less than 0.1% and Dow Jones Industrial Average DJIA, -0.36% futures YM00, -0.16% rose 44 points, or 0.1%, while Nasdaq 100 NDX, +0.23% futures NQ00, 0.04% lost 0.1%.
