
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.
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GameStop (NYSE:) stock soared 108%,
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Koss (NASDAQ:) stock rose 114%
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AMC Entertainment (NYSE:) stock rose 63%
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Bed Bath & Beyond (NASDAQ:) stock rose 16%
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BlackBerry (NYSE:) stock gained 19%
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Naked Brands (NASDAQ:) stock rose 41%
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