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Weekly Buzz
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Weekly Buzz: Finally AMC rallied, and cryptos plunged

Weekly Buzz: Finally AMC rallied, and cryptos plunged
Happy Monday mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on message volume in the community last week! (Nano caps are excluded.)
Every major index moved lower last week, $Bitcoin (BTC.CC)$ bopped below 50K. Here's the weekly buzzing stock list of last week:
Weekly Buzz: Finally AMC rallied, and cryptos plunged
AMC
Message Vol.: ⭐⭐⭐⭐⭐
Weekly Buzz: Finally AMC rallied, and cryptos plunged
Share of $AMC Entertainment (AMC.US)$ rallied 23.7% last Thursday after completing the share equity program, which netted the struggling baby $428 million in cash. The stock has gained 44% in 6 sessions. How long can the good news effect last?
Mooers Comment
@McFleetwood :
Weekly Buzz: Finally AMC rallied, and cryptos plunged
Tesla
Message Vol.: ⭐⭐⭐⭐⭐
Weekly Buzz: Finally AMC rallied, and cryptos plunged
$Tesla (TSLA.US)$ plunged 12.29% last week, this is the most significant weekly decline since February. As you all know, Elon tweeted that Tesla will no longer accept Bitcoin payment. Bitcoin and multiple crypto coins took a dive after the announcement. Here is the original post:
Weekly Buzz: Finally AMC rallied, and cryptos plunged
"Tesla will not be selling any Bitcoin..." and Elon just clarifies that again.
Weekly Buzz: Finally AMC rallied, and cryptos plunged
FUTU
Message Vol.: ⭐⭐⭐⭐
Weekly Buzz: Finally AMC rallied, and cryptos plunged
$Futu Holdings Ltd (FUTU.US)$ is to be added to the $MSCI Hong Kong Index. The index has been widely recognized as a benchmark for global institutional investors to optimize their investment portfolios.
Futu will report Q1 2021 earnings on May 19, and moo community will live stream the earnings conference call on the same day. Book and stay tuned.👀
Mooers Comment
@CoolWaterCoolWater :
Weekly Buzz: Finally AMC rallied, and cryptos plunged
NIO
Message Vol.: ⭐⭐⭐⭐
Weekly Buzz: Finally AMC rallied, and cryptos plunged
$NIO Inc (NIO.US)$ went south following the market and EV sector last week. Citibank analyst Jeff Chung, who recently hosted a call with NIO management, wrote on Thursday that the chip shortage has remained "the key constraint" for NIO's production in May.
Dogecoin
Message Vol.: ⭐⭐⭐
Weekly Buzz: Finally AMC rallied, and cryptos plunged
Welcome the popular meme coin $Dogecoin (DOGE.CC)$ cutie to the list. (Yes, moomoo supports cryptocurrencies quotes now, and you can tag crypto easily!)
Doge was also dropped by 13% after doge father's announcement on bitcoin. However, prices for the doge moved back up Thursday following a tweet from Papa saying he's working with the Dogecoin developers to improve system transaction efficiency.
Weekly Buzz: Finally AMC rallied, and cryptos plunged
Do you think Doge will become the currency of Earth?
Mooers Comments
@Just_InTrades : my doge after $Tesla (TSLA.US)$ accepts dogecoin
Weekly Buzz: Finally AMC rallied, and cryptos plunged
@Tupack mcsnacks : Might want to stay away from crypto for a little while. Elon Musk being attacked about what he says about them is going to increase the volatility. Never anger the 2nd richest person in the world...Read more.
Thanks for reading! Hope you all have sexy gains this week!
Here are some free and powerful tools available on Moomoo for you to find out stock movement if you want to get more timely alerts.
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Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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