From Investing.com: 2024-05-14 07:29:41

Gamestop and AMC surged in premarket trade as meme stocks rallied, with GameStop Corp and AMC Entertainment Holdings Inc rising about 100% each after soaring 74% and 80% the previous day. Other meme stocks like BlackBerry Ltd and Koss Corporation also saw gains, driven by social media sentiment. Keith Gill, a key figure in the 2021 rally, returned to social media with cryptic posts. Meme stocks are influenced by social media rather than company fundamentals. Despite recent gains, Gamestop and AMC are still well below their 2021 highs.



Read more at Investing.com: GameStop, AMC surge 100% in premarket trade as meme stock rally pushes higher By Investing.com