The meme stocks have had another big week with double-digit price increases for many, including AMC Entertainment Holdings Inc.
and Nokia Corp.
With so much buzz on Reddit’s WallStreetBets channel and other social media outlets driving price increases, AMC announced and sold 11.55 million new shares in an at-the-market offering in the space of six hours. Tomi Kilgore breaks down the action and AMC’s preview of more shares to be offered.
AMC minced no words while warning potential new investors that they could lose a lot of money if they bought the shares.
Read: We put AMC, GameStop and other meme stocks’ numbers to the test — here’s which ones came out on top
More on the meme-stock craze:
A cooling housing market
Jacob Passy explains why home sales are declining, even though mortgage loan rates remain below 3%.
More on housing: Are property prices in your neighborhood still rising? Blame it on the ‘donut effect’
Find the right 55+ community
If you are 55 or older, you might want to live in a community limited to your age group. But a search can be complicated. Morrey Stettner has some advice to make it easier.
Learn to invest — or help someone who needs to learn
Jeremy Olshan — the editor of MarketWatch — introduces a news email series about how to invest for a richer and happier life, including the first two episodes. You can sign up for the series here.
How to talk to your children about money
It’s easy to tell your child what to do or what not to do, but every parent knows subtlety is needed for a lesson to sink in. Daisy Dowling shares advice on how to begin the conversation.
Mark Hulbert identifies three pillars of the overall remarkable performance for U.S. stocks over the past decade and finds that all three supports may be slipping.
Read on: Don’t get too optimistic about a stock market rally — they’ve been fizzling out
Gamble or invest?
Paul Merriman has been asked by young investors whether they should invest in bitcoin. That’s quite a challenge for someone who believes in the power of sustained long-term investing. Here’s how he answered.
What disappoints economists pleases investors
The U.S. economy added 559,000 jobs during May, while the national unemployment rate declined to 5.8% from 6.1% in April. Economists may have been unhappy with the official numbers, but after the Bureau of Labor Statics released the numbers on Friday, rising demand for bonds pushed interest rates lower and stock prices moved higher. Mark DeCambre explains why investors were pleased.
Seattle’s hot property market makes it easier to leave
Jacob Passy helps a reader who enjoys living in Seattle but is ready to take advantage of the increase in home prices there to make a move that will help a family member.
For your own retirement location search, try MarketWatch’s upgraded retirement location tool, which now includes data for more than 3,000 U.S. counties.
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