MemeMarkets: Retail investors ‘celebrate’ Ken Griffin’s birthday in their own way
In addition to having that ‘Friyay’ feeling, retail investors also spent the last day of the trading week celebrating the birthday of someone…special.
October 15th marks the 53rd birthday of Citadel founder Ken Griffin, so the self-professed ‘Apes’ of meme stock social media sent some of their favorite tickers flying into the green in ironic honor of their least-favorite financier.
Shares of AMC Entertainment AMC,
“Ken Griffin is turning 53 on October 15th,” read one popular post on Reddit board r/AMCStock “What a great birthday present the MOASS [Mother of all short squeezes] would be.”
AMC closed up 1.7% on the day, but gained 9.6% for the week as investors basked in the glow of more blockbuster releases and a shift into direct registration of shares.
Other meme stocks BlackBerry and Nvidia NVDA,