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What shares were hot in the last week? GameStop, AMC Entertainment and more

Published 31/01/2021, 09:43
Updated 02/09/2020, 07:05

GameStop

The stock everyone has been talking about in the last week, GameStop Corp (NYSE:GME). The video game retailer benefitted from a surge in activity after users of the popular Reddit forum WallStreetBets started buying the shares in vast numbers. GameStop opened the week at $96, had a huge rally on Wednesday and closed at $347.51. Shares hit a high on Thursday of $481.99 before retreating as brokers put bans on purchasing shares. Another jump occurred on Friday with shares rallying to close the week at $325.

GameStop chart

AMC Entertainment

AMC Entertainment Holdings Inc (NYSE:AMC) was also one of the heavily shorted companies that users on WallStreetBets started purchasing, sending shares skyrocketing before a decline on Thursday. They opened the week at $4.42, closed at $19.90 on Wednesday before falling back to $8.63 by the close on Thursday. On Friday, shares closed over 50% higher at $13.26.

AMC Entertainment chart

Omega Diagnostics

Omega Diagnostics Group Plc (LON:ODX) is a UK-based medical diagnostics company and part of the UK Rapid Test Consortium. The company jointly develops and manufactures a Covid-19 point of care antibody test as part of the UK government’s national testing strategy. Shares opened the week at £0.7050, hit a high of £0.8790 on Tuesday before falling throughout the rest of the week and closing at £0.5970.

Omega Diagnostics chart

Tesla Motors

Electric car manufacturer Tesla Inc (NASDAQ:TSLA) reported quarterly earnings on Wednesday. Although the company made its first annual profit, the shares fell after the results. Tesla shares opened the week at $855.44, hit a high of $891.75 on Tuesday and closed the week at $793.53.

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Tesla chart

Argo Blockchain

UK-listed cryptocurrency miner Argo Blockchain PLC (LON:ARB) was another popular stock. The company announced on Friday it has expanded its mining capabilities with new machines coming online. Argo shares opened the week at £0.80, hit a high of £0.98 on Friday before dropping back to close at £0.88.

Argo Blockchain chart

Greatland Gold

Greatland Gold Plc (LON:GGPL) is a UK based mineral exploration company with operations in Australia. Shares opened the week £0.28, hit a high of £0.29 on Thursday before closing the week down 4.8% at £0.2450.

Greatland Gold chart

Latest comments

Argo blockchain is undervalued at this price after that news. It puts the company ahead of its competition who are trading at $20 on the nasdaq
right now its overvalued. why do we keep forgetting that company's share price should be reflected by its revenue and not by future plans and what they think tgey can achieve
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