GameStop shares were soaring early Wednesday. Its surprise profit sent other meme-stocks climbing, too, underlining GameStop’s central role for retail investors still hoping to benefit from backing companies that are the targets of bearish bets.
GameStop (ticker: GME) stock was up 40% in premarket trading after it returned to profit for the first time since early 2021. It also boosted AMC Entertainment Holdings (AMC), up 10% in premarket trading, and Bed Bath & Beyond (BBBY), up 9%.
Source: finance.yahoo.com
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