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GameStop and AMC Stocks Surge Despite Volatility and Short Positions.

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Source: Barron's
GameStop and AMC Stocks Surge Despite Volatility and Short Positions.
Photo: Barron's
TL;DR Summary

GameStop's first profitable quarter since January 2021 has caused its stock to surge, squeezing short sellers and lifting shares of AMC Entertainment and Bed Bath & Beyond. GameStop's earnings of 16 cents a share were well above the expected loss of 16 cents a share. AMC Entertainment was up 3.5%, and Bed Bath & Beyond was up 2%.

Topics:business#amc-entertainment#bed-bath-and-beyond#earnings#finance#gamestop#short-sellers
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  1. GameStop's Earnings Surprise Is Squeezing Shorts. Meme Stocks Are Rallying.  Barron's
  2. GameStop stock soars after retailer posts first quarterly profit in two years  CNBC
  3. GameStop stock 'volatility is still there' while short positions have eased: Analyst  Yahoo Finance
  4. Why AMC Entertainment Stock Is Rising After Hours - AMC Enter Hldgs (NYSE:AMC)  Benzinga
  5. Stocks making the biggest moves premarket: GameStop, Luminar Technologies, Virgin Orbit & more  CNBC

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