Meme stocks AMC, GameStop poised to end strong week on a high

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Shares of AMC Entertainment and GameStop gained on Friday, on track for a strong end to a spectacular week, which has already seen the movie ...

Shares of AMC Entertainment and GameStop gained on Friday, on track for a strong end to a spectacular week, which has already seen the movie theater chain's market value double as retail traders stormed back into meme stocks.

AMC's shares were up 17.3per cent to US$31.11 in U.S. premarket trading on Friday, while those of video game retailer GameStop were 2per cent higher. GameStop, which was at the heart of the so-called"stonks" retail trading mania this year, is set for its best weekly gain since mid-March, up more than 43per cent so far.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines