(Bloomberg) -- GameStop Corp. and AMC Entertainment Holdings Inc. slumped for a second day as the meme-stock frenzy that gripped markets earlier this week faltered.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Touches 40,000 Before Pulling Back: Markets WrapGameSto
(Bloomberg) -- Renaissance Technologies LLC, the quantitative fund founded by the late Jim Simons, loaded up on shares of meme-stock darlings AMC Entertainment Holdings Inc. and GameStop Corp. ahead of the latest rally.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average
Retail investors—individuals, rather than big institutions such as investment banks—haven't recently put more money into the stock market than usual, a J.P. Morgan study found.