GME - Stock Market Interest Is Surging: Are Meme Stocks Responsible? | Benzinga
The stock market has witnessed a remarkable surge in interest, largely fueled by the resurgence of meme stocks this week.
What To Know: Familiar names like GameStop Corp (NYSE:GME) and AMC Entertainment Inc (NYSE:AMC) are leading the charge on Wall Street this week with both names experiencing staggering spikes in their stock prices.
After soaring on Monday, GameStop’s shares jumped by as much as 113% on Tuesday, while AMC saw an impressive 129% surge in early trading before pulling back. This remarkable rally extends beyond these two stocks, with other retail favorites such as BlackBerry, Koss Corporation, SunPower, Plug Power, Virgin Galactic and Beyond Meat also enjoying notable gains.
How It Started: The return of Keith Gill, known as “Roaring Kitty,” has been a focal point of the renewed interest in meme stocks. Gill’s reappearance on social media platforms, particularly X (formerly Twitter), has sparked widespread buzz among retail ...