Meme Stocks Soared in Morning Trading,with Gamestop Rising Over 22% and AMC Rising Over 5%

Tiger Newspress2022-01-07

Meme stocks soared in morning trading,with Gamestop rising over 22% and AMC rising over 5%.GameStop is developing an online hub for buying, selling and trading NFTs of virtual videogame goods such as avatar outfits and weapons.

GameStopCorp. is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships, according to people familiar with its plans, pushing the company into much-hyped areas as it tries to turn around its core videogame business.

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