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AMC Entertainment, GameStop Shares Drop in Thursday Pre-Bell Activity
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AMC Entertainment, GameStop Shares Drop in Thursday Pre-Bell Activity
May 16, 2024 5:36 AM

08:23 AM EDT, 05/16/2024 (MT Newswires) -- AMC Entertainment Holdings ( AMC ) and GameStop ( GME ) shares dropped in recent Thursday premarket activity.

Shares of AMC were down 3.3% while GameStop ( GME ) fell 7.9%, after declining in Wednesday trading.

Analysts attributed the surge in meme stocks earlier this week to the social media return of Roaring Kitty, the online influencer who contributed to a 2021 meme stock rally by small investors seeking in part to thwart institutional investors shorting the stocks.

Price: 5.30, Change: -0.18, Percent Change: -3.29

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