[ad_1]
GameStop Corp. GME,
Investors are having their best day in five months on Tuesday despite no news released as the video game retailer appears to have renewed its memes stock status. The stock climbed 26.0% in afternoon trading, on course for the biggest one-day gain since it climbed 52.7% on March 25. There are no new press releases on the company’s website, and the company hasn’t filed anything with the Securities and Exchange. Commission in over a month. The stock was also heading for the first double-digit percentage gain since it rose 10.2% on July 20, and the first time it has risen more than 20% since it rose. did three times in March. Also catching the wave of memes, the actions of movie operator AMC Entertainment Holdings Inc. AMC,
jumped 19.3%, also on no apparent news released, as stocks headed for the biggest gain since rising 24.5% on July 20. The rallies come on a day when the Nasdaq Composite COMP,
rose 0.6% to pass the 15,000 mark for the first time, and the S&P 500 SPX,
rose 0.3% to a record close. Meanwhile, the actions of the commission-free Robinhood Markets Inc. HOOD trading platform,
considered a safe haven for even stock trading, rose 8.6% in afternoon trading.
[ad_2]
Source link