Stocks retreat from May highs, GameStop fuels meme stock rally: Yahoo Finance
Stocks (^DJI, ^GSPC, ^IXIC) are losing steam after posting big gains in May. Trading is back on track after a glitch at the NYSE disrupted trading in several companies, including Berkshire Hathaway (BRK-A, BRK-B) and Barrick Gold (GOLD). One group bucking the trend is meme stocks. They are being fueled by "Roaring Kitty," who unleashed a social media frenzy by posting a screenshot implying he has a $175 million position in GameStop (GME). Yahoo Finance’s trending tickers include AMC Entertainment (AMC), Novavax (NVAX), and Eli Lilly (LLY).
Key guests include:
4:05 p.m. ET- John Vinh, KeyBanc Capital Markets Technology Analyst
4:30 p.m. ET- Jay Chaudhry, Zscaler CEO