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AMC, GameStop, Nordstrom, Salesforce: What to Watch When the Stock Market Opens Today

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Meme stocks including AMC and Naked Brand ticked higher, after rallying Tuesday

Meme stocks were ticking higher after a rally on Tuesday saw GameStop and AMC Entertainment surge 28% and 20%, respectively, while other names including BlackBerry , Koss and Naked Brand Group also jumped. Premarket Wednesday AMC gained another 5.7%, GameStop ticked up 1.2% and Naked Brand jumped 4.8%.

Luxury home builder Toll Brothers added 3.2% premarket after it said third-quarter profit more than doubled, driven by an increase in revenue as low mortgage rates and a dearth of housing continued to support home buying. Department-store blues: Nordstrom shares dropped 7.8% ahead of the bell after it said its quarterly sales doubled as compared with the year-ago period, but fell slightly as compared with the 2019 quarter.

 

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