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Reading: GameStop, AMC Fall in Blow to Meme-Stock Investors
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The Wall Street Publication > Blog > Markets > GameStop, AMC Fall in Blow to Meme-Stock Investors
Markets

GameStop, AMC Fall in Blow to Meme-Stock Investors

Editorial Board Published December 13, 2021
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GameStop, AMC Fall in Blow to Meme-Stock Investors
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Shares of GameStop Corp. and AMC Entertainment Holdings Inc. tumbled Monday, dealing a blow to the legions of individual investors who have banded around the two stocks and frequently tout them on social media.

GameStop dropped 14% to $136.88 per share, its lowest closing price since March. AMC shares fell 15% to $23.24, their lowest close since May. The broader market was down, with the S&P 500 retreating 0.9% after closing at a record on Friday.

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