Shares of domestic mutual funds rallied up to 14% on Friday after the capital markets regulator deferred its decision to cut the total expense ratio (TER)– the fee that these asset management companies charge unitholders. The reduction in the expense ratio as proposed by the Securities and Exchange Board of India earlier, would have hit … Read more
NEW YORK: More than a year after retail investors, aided by social media, forced an epic squeeze of a handful of heavily shorted stocks, a few of the famous “meme” stocks were back in the fast lane this week. GameStop Corp surged 14.5% on Wednesday and AMC Entertainment Holdings ended the session up 13.6%. While … Read more
On trading-focused social media site Stocktwits, message volume related to AMC – a barometer of interest in the stock – rose 3.3% on Monday. Source link