From CNBC: 2024-05-15 06:48:41

GameStop and AMC saw gains in premarket trading as the meme stock frenzy continued. GameStop rose 10.16%, while AMC jumped 9.20%. Other meme stocks like BlackBerry and Koss had mixed performance. The frenzy reignited after a social media post from “Roaring Kitty,” aka Keith Gill, pushing GameStop and AMC shares up over 70% on Monday. Smead Capital Management CEO Cole Smead criticized the craze as “frankly stupid” on CNBC.

Read more: GameStop, AMC extend gains but broader meme stock rally fizzles