GameStop stock surges over 70%, AMC up 78%

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BizTech

GameStop stock surges over 70%, AMC up 78%

Meme stocks GameStop and AMC shares rallied on Monday after "Roaring Kitty", the man behind the 'epic' short squeeze of 2021 posted online for the first time in years. Meme stocks are shares of companies with a cult following huge swings based on their popularity among trader communities on social media - rather than their actual fundamentals.

May 14, 2024