In last week's article on three stocks to avoid, I predicted that AMC Entertainment Holdings (NYSE: AMC), Riot Blockchain (NASDAQ: RIOT), and Oatly (NASDAQ: OTLY) would have a rough few days.
Those three stocks averaged a 30.2% surge for the week, fueled primarily by AMC's smoking run. The S&P 500 rose by 0.6% for the week, so I was left eating popcorn kernels from the sticky theater floor. Right now, I see GameStop (NYSE: GME), AMC Entertainment Holdings, and Carnival (NYSE: CCL) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.
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Source Fool.com