Check out the companies making headlines in midday trading. Meme stocks — Meme stocks roared for a second day with GameStop surging more than 65% and AMC popping over 70%. The latest trading frenzy in these names was triggered by the return of "Roaring Kitty," who posted online for the first time in almost three years. AMC's Tuesday rally came even after the movie theater said it completed a $250 million stock sale during Monday's wild trading.
Specifically, United said it should have its busiest Memorial Day period on record, with the number of travelers slated to increase 10% compared with a year ago. Newell Brands — The consumer goods stock rallied 4.7% on the heels of an upgrade to equal weight from underweight by Barclays. The firm said the business appears closer to normalizing following the pandemic pull-forward in demand. Roblox — The video game developer jumped 3.9%, providing some relief amid a tough month.
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