GME - GameStop AMC Entertainment Shares Spike Monday Afternoon: What's Going On? | Benzinga
Original meme stocks GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) perked up in late trading Monday afternoon on no apparent news. The movement appears to be a continuation from last week’s retail investor momentum.
What To Know: Although GameStop and AMC shares have been trending lower in recent trading sessions, the pair of meme stocks are still up significantly in recent weeks. GameStop shares are up approximately 131% over the last month and AMC shares are up just shy of 43%.
The rally started when Keith Gill, best known as Roaring Kitty, posted a simple meme of a person leaning forward in a chair last week following a three-year absence from social media.
Gill posted a series of videos on YouTube leading up to the historic short squeeze in 2021. When GameStop shares started soaring, ...