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Seeking Alpha 2021-06-09 21:52:19

Hot Stocks: Gamestop and its little meme siblings, bitcoin, Campbell disappoints, Marqeta makes its debut

jetcityimage/iStock Editorial via Getty Images Meme stocks and Bitcoin (BTC-USD) continued to be key themes defining some high-profile movers on Wednesday. Gamestop (GME) moved back into the spotlight with earnings and some major executive appointments. Meanwhile, the likes of WWE (WWE), AMC (AMC), and Wendy's (WEN) got shuffled around by the whims of vocal online traders. In more traditional Wall Street action, Campbell Soup (CPB) lost ground on earnings news, blaming inflation and supply chain issues. And Marqeta (MQ) jumped about 13% on its first day as a public company. It was a busy day for the OG meme stock. Gamestop announced quarterly results that topped expectations, with sales rising 25% to $1.26 billion. Meanwhile, the company also revealed major leadership changes bringing in former Amazon execs Matt Furlong and Mike Recupero as its CEO and CFO, respectively. On the news, shares of GME were down more than 9% in Wednesday's

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