Check out the companies making headlines in midday trading: GameStop — The meme stock jumped more than 25% in volatile trading amid speculation that Keith Gill, the man who inspired 2021′s epic short squeeze, could have a huge position in the video game retailer. Gill, who goes by DeepF——Value on Reddit, reappeared Sunday night, posting a screenshot of what could be his portfolio holding five million shares of GameStop common shares worth more than $100 million. He also owned a position of 120,000 GameStop call options. AMC , another meme stock, popped 10%. Both names were also among those affected by a technical issue on the New York Stock Exchange on Monday morning. Waste Management , Stericycle — Waste Management is buying Stericycle for $7.2 billion , the companies announced on Monday. Stericycle shares jumped nearly 15%, while Waste Management slid 4%. Spotify — The music streaming company climbed 4% following its announcement of premium subscription price increases in the U.S. in July. It marks the Swedish company’s second hike in a year. GSK — The pharmaceutical giant fell more than 9% after the Delaware State Court ruled that scientific evidence can be presented in the roughly 75,000 cases alleging the discontinued heartburn drug Zantac may contain a carcinogen. Paramount Global — The media company advanced more than 7% afte …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading: GameStop — The meme stock jumped more than 25% in volatile trading amid speculation that Keith Gill, the man who inspired 2021′s epic short squeeze, could have a huge position in the video game retailer. Gill, who goes by DeepF——Value on Reddit, reappeared Sunday night, posting a screenshot of what could be his portfolio holding five million shares of GameStop common shares worth more than $100 million. He also owned a position of 120,000 GameStop call options. AMC , another meme stock, popped 10%. Both names were also among those affected by a technical issue on the New York Stock Exchange on Monday morning. Waste Management , Stericycle — Waste Management is buying Stericycle for $7.2 billion , the companies announced on Monday. Stericycle shares jumped nearly 15%, while Waste Management slid 4%. Spotify — The music streaming company climbed 4% following its announcement of premium subscription price increases in the U.S. in July. It marks the Swedish company’s second hike in a year. GSK — The pharmaceutical giant fell more than 9% after the Delaware State Court ruled that scientific evidence can be presented in the roughly 75,000 cases alleging the discontinued heartburn drug Zantac may contain a carcinogen. Paramount Global — The media company advanced more than 7% afte …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
