March 29, 2024

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GameStop and other stocks popular on Reddit slump in premarket trade

GameStop and other stocks popular on Reddit slump in premarket trade




Steve Goldstein



Shares of GameStop and other stocks boosted by retail interest fell sharply in premarket trade on Tuesday.



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GameStop shares dropped 23%, after closing Monday down 31%. Its stock is still up a remarkable 1,204% over the last month.

AMC Entertainment the movie chain operator that’s also popular on the Reddit Wall Street Bets forum, dropped 23% in premarket trade. BlackBerry shares lost 9% and Naked Brand Group lost 15%.

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