Meme mania returns. GameStop and AMC soar | CNN Business

New York CNN Business  — 

Apes of Reddit, rejoice! Shares of meme stock darling GameStop (GME) soared more than 20% in midday trading Thursday, prompting trades to be halted several times due to volatility. But there was no specific news to justify or explain the big pop.

Other meme stocks, including AMC (AMC), Bed Bath & Beyond (BBBY) and Beyond Meat (BYND) also roared higher Thursday. AMC (AMC) jumped nearly 10%, a much bigger gain than rival movie theater stocks Cinemark (CNK) and IMAX (IMAX).

Bed Bath & Beyond was

→ Continue reading at CNN - Business News

More from author

Related posts


Latest posts

6 Practical Tips For Handling Mistakes at Work

Opinions expressed by Entrepreneur contributors are their own. Everyone makes mistakes, but not everyone knows how to turn them into learning opportunities....

Update Your LinkedIn Profile… Now

Opinions expressed by Entrepreneur contributors are their own. Around 40% of professionals make a significant career change every four years, a far cry...

Twitter announces partial hiring freeze and senior exec exits

The company is pausing most hiring and backfills, except for "business critical" roles, and pulling back on other non-labor costs, Twitter (TWTR) spokesperson Catherine...