2 More Stocks Just Joined the Meme Stock Revolution

Motley Fool2021-06-10

It's not just about GameStop and AMC anymore. Thestock marketon Wednesday stayed largely in the same pattern it has followed for quite a while now, with major market benchmarks mostly mixed and not ...

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精彩评论

Jazling
2021-06-10
Jazling
Comment pls
aalyn
2021-06-10
aalyn
lol
- ocean_wave:
  Good luck.
Sureshmaghi
2021-06-10
Sureshmaghi
Buy
henryee18
2021-06-10
henryee18
No way this would distract the retail investors!
Ernie12
2021-06-10
Ernie12
What stock do u think will become a meme on e next?
xshannonx
2021-06-10
xshannonx
Wow

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As of 1:45 p.m. EDT, theDow Jones Industrial Average(DJINDICES:^DJI)was down 55 points to 34,544. However, theS&P 500(SNPINDEX:^GSPC)managed to pick up 3 points to 4,231, approaching a potential record close, and theNasdaq Composite(NASDAQINDEX:^IXIC)added 36 points to 13,961.\nSo-called meme stocks likeGameStopandAMC Entertainment Holdingshave been in the spotlight for quite a while, with huge gains in January having put them on the map and a recent revival once again raising awareness of the stocks. And some new names are getting added to the list of stocks that retail investors are paying close attention to. Today,GEO Group(NYSE:GEO)andClean Energy Fuels(NASDAQ:CLNE)saw their shares soar as they came into the spotlight. Below, we'll look more at their businesses and what's behind the moves.\nGEO gets a big bounce\nShares of GEO Group were up more than 55% on Wednesday afternoon. The private prison operator has found itself in a broad decline for years now, but today's bump up came as investors looked at sizable short interest in the company's shares.\nGEO Group's long-term drop stemmed from the growing sentiment against private prison operators. In particular, changing attitudes in Washington led the Justice Department to stop using the services, and many states have considered similar measures for their own prison populations. Moreover, with unique exposure to issues related to the pandemic, GEO Group has raised some risk-management concerns among some investors.\nHowever,GEO Group actually saw its bottom line perk upin its most recent quarter. The company is also considering some major strategic decisions, including potentially giving up its status as a real estate investment trust (REIT) in order to give it more flexibility with respect to capital allocation. REITs are required to distribute nearly all of their profits in order to retain favorable tax status, which limits their ability to reinvest in their own businesses without raising capital.\nWith short interest making up roughly a third of shares outstanding as of mid-May, according to Yahoo! Finance, GEO Group meets the qualifications for a potential short squeeze. That's been the strategy for identifying meme stocks, and it'll be interesting to see if GEO catches on as well as GameStop and others have.\nCleaning up\nElsewhere, shares of Clean Energy Fuels were up 27%. The natural-gas fueling network provider has been stuck in the doldrums for years, but recent gains have investors looking more closely at the company once again.\nInstitutional investors have been skeptical of Clean Energy Fuels' long-term strategy, but not for the reasons you might expect. 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If it can do better on the execution front and land more deals with better terms, then it could justify gains like this in the long run.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":183854194,"gmtCreate":1623324024918,"gmtModify":1634034589805,"author":{"id":"3566821013640470","authorId":"3566821013640470","name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3566821013640470","idStr":"3566821013640470"},"htmlText":"Comment pls&nbsp;","listText":"Comment pls&nbsp;","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/183854194","repostId":1144251014,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":183807866,"gmtCreate":1623319052655,"gmtModify":1631893651687,"author":{"id":"3563875545226282","authorId":"3563875545226282","name":"aalyn","avatar":"https://static.tigerbbs.com/a665f066b4aaca8c78e998356714d014","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3563875545226282","idStr":"3563875545226282"},"htmlText":"lol","listText":"lol","text":"lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/183807866","repostId":1144251014,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4669111,"gmtCreate":1623334913165,"gmtModify":1631893651691,"authorId":3578971018458145,"author":{"id":3578971018458145,"idStr":"3578971018458145","authorId":3578971018458145,"name":"ocean_wave","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":183807866,"type":1,"supId":0,"prevId":0,"content":"Good luck.","text":"Good luck.","html":"Good luck."}],"langContent":"EN"},{"id":183143977,"gmtCreate":1623317206499,"gmtModify":1634034649623,"author":{"id":"3582328341996873","authorId":"3582328341996873","name":"Sureshmaghi","avatar":"https://static.tigerbbs.com/f24399a2b49fd04a19b3004929417909","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582328341996873","idStr":"3582328341996873"},"htmlText":"Buy&nbsp;","listText":"Buy&nbsp;","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/183143977","repostId":1144251014,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":183127369,"gmtCreate":1623316512051,"gmtModify":1634034657836,"author":{"id":"3561088065415396","authorId":"3561088065415396","name":"henryee18","avatar":"https://static.tigerbbs.com/68e1124a4989ce380d6aa143a07b2620","vip":1,"crmLevel":9,"crmLevelSwitch":0,"authorIdStr":"3561088065415396","idStr":"3561088065415396"},"htmlText":"No way this would distract the retail investors!","listText":"No way this would distract the retail investors!","text":"No way this would distract the retail investors!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/183127369","repostId":1144251014,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":183128062,"gmtCreate":1623316270756,"gmtModify":1634034661432,"author":{"id":"3586070904256941","authorId":"3586070904256941","name":"Ernie12","avatar":"https://static.tigerbbs.com/bbfd6f6f307732e4cada65b616e91a6a","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3586070904256941","idStr":"3586070904256941"},"htmlText":"What stock do u think will become a meme on e next?","listText":"What stock do u think will become a meme on e next?","text":"What stock do u think will become a meme on e next?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/183128062","repostId":1144251014,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":183167016,"gmtCreate":1623315931935,"gmtModify":1634034665007,"author":{"id":"3581926108574930","authorId":"3581926108574930","name":"xshannonx","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581926108574930","idStr":"3581926108574930"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/183167016","repostId":1144251014,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":35,"commentSize":23,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 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