GameStop, Koss and AMC Soar Premarket as Brokerages Lift Restrictions By Investing.com

© 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:) stock soared 108%, 

  • Koss (NASDAQ:) stock rose 114%

  • AMC Entertainment (NYSE:) stock rose 63%

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

  • BlackBerry (NYSE:) stock gained 19%

  • Naked Brands (NASDAQ:) stock rose 41%

 

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