Talk to Wall Street veterans and they’ll tell you that this flat-lining is the beginning of what will be an inexorable move downward in these stocks. The opposite is being seen for terms like “stock trading” and “investing” which have plunged, Google Trends shows. “The stimulus check impact on retail trading is waning,” said Edward Moya, senior market analyst at Oanda. The stock’s more than 900% surge this year has drawn a wary eye from the Wall Street analysts that follow it. The chain’s latest rally came amid plans to continue reopening cinemas, however, Wall Street is skeptical.

Source: The Edge Markets April 03, 2021 20:48 UTC