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GameStop shares surge 60% as meme stock craze returns.
Shares of GameStop jumped Tuesday, extending the meme stock rally started by Roaring Kitty’s first online post in three years.
Shares of video game retailer GameStop traded 62% higher before being paused, following a 74% advance on Monday.
AMC soared 90% even after the movie theater chain raised about $250 million of new equity capital during Monday’s wild trading.
Other so-called meme stocks opened sharply higher on Tuesday. Shares of one-time dominant smartphone maker BlackBerry popped 17%, while headphones manufacturer Koss was up 40%.
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