{"id":229433,"date":"2021-06-02T17:55:34","date_gmt":"2021-06-02T21:55:34","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=229433"},"modified":"2021-06-02T17:55:34","modified_gmt":"2021-06-02T21:55:34","slug":"markets-flat-reddit-trade-returns","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-flat-reddit-trade-returns\/","title":{"rendered":"Markets flat, Reddit trade returns"},"content":{"rendered":"<p>For another session, the TSX cracked 20,000 points, but settled lower and slightly in the negative. The main Wall Street indices followed suit, but rose into the green with the S&amp;P closing at 0.15% Wednesday. For the Canadian market especially, crude oil drove gains with the price of WTI climbing 1.55% and WCS 2.39%.<\/p>\n<p>Real estate and tech also gained on the TSX, despite <a href=\"https:\/\/stockchase.com\/SHOP-N\">Shopify<\/a> closing -2.07%. The battle over Inter Pipeline continued to rage as Brookfield raised its offer. <a href=\"https:\/\/stockchase.com\/IPL-T\">IPL<\/a> leapt 7.19% as <a href=\"https:\/\/stockchase.com\/BAM-N\">Brookfield Asset Management<\/a> slipped 0.69%. However, the Reddit short trade continued to roar as <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> rocketed over 31% to $18.25 in Toronto. That gain overshadowed the moves made by several cannabis names, such as <a href=\"https:\/\/stockchase.com\/OGI-T\">Organigram<\/a> by 8.17%.<\/p>\n<p>On Wall Street, the Redditers nearly doubled AMC shares to $62.55 which were boosted just the day before by the same crowd. Even immediately after the closing bell, <a href=\"https:\/\/stockchase.com\/AMC-N\">AMC<\/a> shares continued to rise by 4%. Energy, healthcare and tech moderately lifted the Dow. Few stocks saw outsized gains or losses, though <a href=\"https:\/\/stockchase.com\/ETSY-Q\">Etsy<\/a> jumped 7.15% and <a href=\"https:\/\/stockchase.com\/NUE-N\">Nucor<\/a> slid 5.16%. <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> lost 3% while <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvdia<\/a> advanced a little more than that. <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">Bitcoin<\/a> bounced 5.5% to nearly $38,000 while gold inched up by 0.34% to stay above $19,000 per ounce.<\/p>\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-N\">Shopify Inc<\/a> -2.07%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/IPL-T\">Inter Pipeline<\/a> +7.19%<br \/>\n&#x267b; <a href=\"https:\/\/stockchase.com\/BAM-N\">Brookfield Asset Management Inc.<\/a> -0.69%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> +31%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/OGI-T\">OrganiGram Holdings Inc.<\/a> +8.17%<br \/>\n&#x1f39e; <a href=\"https:\/\/stockchase.com\/AMC-N\">AMC Entertainment Holdings Inc.<\/a> +4%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/ETSY-Q\">Etsy Inc.<\/a> +7.15%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/NUE-N\">Nucor Corp.<\/a> -5.16%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Motors Inc<\/a> -3%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia Corp<\/a> +3.16%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">The Bitcoin Fund<\/a> +5.5%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For another session, the TSX cracked 20,000 points, but settled lower and slightly in the negative. The main Wall Street indices followed suit, but rose into the green with the S&amp;P closing at 0.15% Wednesday. For the Canadian market especially, [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-229433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/229433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=229433"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/229433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=229433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=229433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=229433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}