06:54 AM EDT, 05/15/2024 (MT Newswires) -- GameStop ( GME ) and AMC Entertainment ( AMC ) continued to rally Wednesday as investors flocked to the meme stocks in premarket activity.

Shares of GameStop ( GME ) were up more than 5% in premarket trading while AMC shares rose modestly.

Analysts attributed the recent surge 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: 51.24, Change: +2.49, Percent Change: +5.11