Meme stocks AMC, GameStop poised to end strong week on a high
LONDON: Shares of AMC Entertainment and GameStop gained on Friday, on track for a strong end to a spectacular week, which has already seen the movie theater chain’s market value double as retail traders stormed back into meme stocks.
AMC’s shares were up 17.3per cent to US$31.11 in U.S. premarket trading on Friday, while those of video game retailer GameStop were 2per cent higher. GameStop, which was at the heart of the so-called “stonks” retail trading mania this year, is set for its best weekly…
