Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

GameStop, Koss and AMC Soar Premarket as Brokerages Lift Restrictions

Published 01/29/2021, 05:22 AM
Updated 01/29/2021, 05:23 AM
© Reuters

By Peter Nurse 

Investing.com -- 'Meme stocks' - the handful of names heavily shorted by hedge funds but increasingly broadly owned by retail investors - are all sharply higher in premarket trade on Friday, January 29th, after online broker Robinhood and others said they will lift trading restrictions for this session.

  • GameStop (NYSE:GME) stock soared 108%, 

  • Koss (NASDAQ:KOSS) stock rose 114%

  • AMC Entertainment (NYSE:AMC) stock rose 63%

  • Bed Bath & Beyond (NASDAQ:BBBY) stock rose 16%

  • BlackBerry (NYSE:BB) stock gained 19%

  • Naked Brands (NASDAQ:NAKD) stock rose 41%

  • American Airlines (NASDAQ:AAL) stock rose 12%

 

Latest comments

TENARIS #Stonks
Buy SCON ,are only 3 mil shares outstanding
NOK, Koss, BlackBerry, AMC buy and hold. Show them the people power.
Market manipulation disguised as political activism. SEC should do its job immediately and prosecute these tradera who are acting with criminal intent to corner the market.
who did not see the collapse coming.. hold the line 😆
SNDL got restricted as well yesterday, their premarket is pumping up again as they lifted restrictions
SNDL got restricted as well yesterday, their premarket is pumping up again as they lifted restrictions
hcmc to the Top !!
MAC had no restrictions yestesday, has around 60% short interest (top5 currently) and still the possibility to 10x 🚀🚀🚀 other mainstream names are too much under the radar while this one can sneak past and shoot up. Plus a big fund sold out their 16% position yesterday, so there is no big sellers left.MAC the new GME! 🚀🚀🚀
more small guys will buy buy eventually they will lose
how they will lose. if the stock is heavily shorted. and top of that other hedge funds are helping to those people.
purchasing with the intent to corner the market is a crime.
great! let them trade
Is NOK missing a rocket booster?
Im long Nokia, id prefer no rocket boosters, just good old solid growth
Hold the line 🚀🚀🚀
people will buy now and make those funds reach after they took yesterday cheap. Everyone should sell to destroy the plan.
Llnw 🚀🚀🚀🚀
ok lets g0🛰🚀🚀🚀🚀
AMC will be 100 next week
i really hope
forgetting sndl 💪
AMC to the moon 🚀🚀
American casino, place your bets please
ok men
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.