Type of site
|News & entertainment|
|Key people||Joanna Lambert, General Manager (2018–present)|
|Launched||January 19, 1997|
Yahoo! Finance is a media property that is part of the Yahoo! network. It provides financial news, data and commentary including stock quotes, press releases, financial reports, and original content. It also offers some online tools for personal finance management. In addition to posting paid partner content from other web sites, it posts original stories by its team of staff journalists. It is ranked 20th by SimilarWeb on the list of largest news and media websites.
In 2017, Yahoo! Finance added the feature to look at news surrounding cryptocurrency. It lists over 9,000 unique coins including Bitcoin and Ethereum.Analysis of Performance:
The performance of the AMC stock has been characterised by sharp volatility. It went through times when the price rose quickly and there were lots of trades.
It's crucial to remember that these wildly fluctuating prices do not necessarily correspond with the business's underlying fundamentals.
AMC Stock Influencing Factors:
Retail Investor Participation:
The price of AMC stock was significantly influenced by online forums and individual retail investors. Demand rose as a result of the debates and coordinated purchasing activities made possible by social media platforms like Reddit's WallStreetBets.
An investor who has shorted a company rushes to cover their bets, which raises the price of the stock. This is known as a short squeeze.
AMC saw this occurrence because certain hedge funds had shorted the stock and were forced to cover their positions after a purchasing frenzy by regular investors. Read More