In the Reddit forums, the video game retailer’s shares are again being discussed more intensively.
(Photo: Reuters)
Dusseldorf The Ukraine war, rising interest rates and fears of inflation have triggered a correction on the stock market. In these times, investors primarily avoid securities that are considered risky. But one of the most speculative segments is currently celebrating a comeback: so-called meme stocks such as the video game retailer Gamestop and the cinema chain AMC Entertainment.
Gamestop stock gained about 30 percent on Tuesday and another 14 percent on Wednesday. Since the low for the year in mid-March, the increase has been 80 percent at the top. AMC stocks rose more than 50 percent over the same period, shares in headphone maker Koss climbed more than 60 percent, shares in software maker Blackberry climbed nearly 25 percent and retailer Bed Bath & Beyond climbed nearly 15 percent.
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