📈 Stock Market Today: Are meme stocks (GME, AMC) back? Futures slightly higher with all eyes on Jackson Hole
Here's what is happening in the markets today, Wednesday, August 25th
Here's what is happening in the markets today, Wednesday, August 25th:
- Today Futures point to slightly higher start with Jackson Hole, Wyoming in the spotlight.
- Dick's Sporting Goods (DKS) is up almost 2.0% pre-market after an earnings beat and $5.50 special dividend.
- Express (EXPR) is up 6.0% pre-market after reporting an unexpected profit last quarter.
- Urban Outfitters (URBN) is taking a hit pre-market, down almost 5.0%.
- Nordstrom (JWN) tumbled 12.0% pre-market after an earnings beat.
- Toll Brothers (TOL) is hammering out some pre-market gains, up 2.0% pre-market after better than expected earnings.
- GameStop (GME) and AMC Entertainment (AMC) rocketed higher out of nowhere yesterday up 27.5% and 20.3% respectively. In pre-market trading GME is down -1.8% while AMC is up 3.0%.
- Airbnb (ABNB) announced that it will temporarily house up to 20,000 Afghan refugees. ABNB jumped 10.0% yesterday and is down 1.0% in pre-market trading.
- Peloton's (PTON) treadmill is going back on sale next week after a recall which was prompted by several injuries and one death.
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