Pro-Palestinian encampment at Dalhousie University - May 13, 2024 | SaltWire #news #halifax #protest - Shares of GameStop and AMC jumped nearly 40% each in premarket trading on Tuesday, and are on track to extend gains from a day earlier when a series of posts from"Roaring Kitty" rekindled a rally reminiscent of the meme stocks trading frenzy.
Since Sunday, Gill has shared a meme and more than 10 clips from movies including"X-Men Origins: Wolverine","The Avengers" and the 1993 Western"Tombstone". GameStop surged as much as 118% on Monday and closed at a two-year high, with its market cap surging nearly $4 billion to $9.32 billion. The euphoria also spread to micro-cap firms popular among short sellers, traders who hope to make money by betting on a stock's fall.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: globeandmail - 🏆 5. / 92 Read more »