Shares of meme stocks AMC Entertainment Holdings (NYSE: AMC), fuboTV (NYSE: FUBO), and SmileDirectClub (NASDAQ: SDC) were big winners this week. Big bounces can happen when your stock has been beaten down and is heavily shorted, as these three were. SmileDirectClub is down 74%, with 21% of its shares sold short.
Yahoo Finance reporter Alexandra Semenova details a new report that the SEC is investigating Melvin Capital for potentially misleading investors.
Yahoo Finance's Brian Cheung looks at stocks making the biggest moves in the market today.