SPY423.11+2.25 0.53%
DIA339.45+0.67 0.20%
IXIC14,253.27+111.79 0.79%

Social Buzz: Wallstreetbets Stocks Tilray, AMC, Nokia Gain; Rocket Falls for Second Day

05/07/2021 12:03

03:54 PM EDT, 05/07/2021 (MT Newswires) -- Reddit forum Wallstreetbets favorites Tilray (TLRY), AMC Entertainment (AMC), and Nokia (NOK) all gained ground on Friday, following the broader market higher.

Shares of Tilray soared 16% in late regular-hours afternoon trading. Tilray recently acquired fellow Canadian cannabis producer Aphria.

AMC shares jumped 5%. On the company's earnings call Thursday, AMC executives said the company had gained market share since theaters reopened nationwide.

Nokia shares climbed 5% as Tesla (TSLA) and Advance Micro Devices (AMD) inched up 1%.

On the downside, Rocket (RKT) shares fell 5%, after plunging 15% the day before. The mortgage company released its quarterly earnings after market close on May 5.

Palantir (PLTR) shares eased 2% while shares of GameStop (GME) traded largely flat.

Price: 9.48, Change: +0.48, Percent Change: +5.33