5 Meme Stonks To Gamma Squeeze Hedge Fund Trolls - www.malkamdior.com
The group of "meme" stocks, led by videogame retailer GameStop Corp . (GME) that have been volatile in recent weeks as investors on a Reddit subgroup have egged each other on, were active again in premarket trade Monday. 1. GameStop shares were up 5% premarket. 2. AMC Entertainment Holdings Inc . (AMC), the world's biggest cinema chain, were up 12%. 3. BlackBerry Ltd (BB.T) was up 3.8%, and 4. Naked Brand Group Ltd . (NAKD) was up 9.5%. 5. Koss Corp . (KOSS), a maker of headphones, was up 2.9%. GameStop shares have gained 440% in the year to date, as investors on Reddit's WallStreetBets platform sought to punish short sellers who had driven short interest in the stock to 140% by buying the stock and creating a short squeeze. Ciara Linnane For more from MarketWatch: http://www.marketwatch.com/newsviewer