Some meme stocks plunged in premarket trading
Tiger Newspress2021-06-03
Some meme stocks plunged in premarket trading after AMC Entertainment's new stock sale announcement.KOSS,Bed Bath & Beyond,Express and Gamestop dipped between 3% and 13%.
AMC said in a regulatory filing that it may offer and sell from time to time up to an aggregate of 11.55 million shares of its Class A common stock.
The move comes after AMC soared 95% in the regular trading session Wednesday to close at an all-time high of $62.55. Its previous closing record of $35.86 was reached in 2015, according to FactSet data.
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