GameStop Stock Soars More Than 100% Premarket: Is 2021 Meme Stock Rally Back?

Published on 18 May 2024 on Benzinga · via Yahoo Finance

GameStop Stock Soars More Than 100% Premarket: Is 2021 Meme Stock Rally Back?

On Tuesday, GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings Inc. (NYSE:AMC) once again captured the spotlight as their stock prices surged by 147% and 121% in pre-market trading, respectively.

This marks a revival of the meme stock phenomenon that initially took the market by storm in early 2021 driven by Wallstreetbets on Reddit.

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