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AMC, GameStop stocks slump toward 5-day loss streaks

Dow Jones2021-07-08

MW AMC, GameStop stocks slump toward 5-day loss streaks

Shares of AMC Entertainment Holdings Inc. $(AMC)$ dropped 9.3% in premarket trading Thursday, after tumbling 20.5% amid a four-day losing streak. Fellow meme stock GameStop Corp. $(GME)$ was also extending recent losses, as it shed 5.3% ahead of the open, after losing 11.0% over the past four days. A five-day losing streak would be the longest such stretch for AMC's stock since the 8-day losing streak ended May 6, and the longest losing stretch for GameStop's stock since the five-day losing streak that ended May 5. The stocks' selloffs are part of a broader-market selloff, as Dow Jones Industrial Average futures slid 474 points, or 1.4%, and futures for the S&P 500 sank 1.3%. Among other meme stocks, the U.S.-listed shares of BlackBerry Ltd. (BB.T) fell 3.3% in Thursday's premarket, Express Inc. (EXPR) dropped 6.5% and Nokia Corp. (NOKIA.HE) slipped 0.7%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

 

$(END)$ Dow Jones Newswires

July 08, 2021 07:30 ET (11:30 GMT)

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Comment9

  • thekang
    ·2021-07-15
    Rally behind apes! Bring all the memes back up! Can't lose to these fcking hedgies
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  • Bonds
    ·2021-07-10
    What halppened to our beloved Blackberry I think is turn into Strawberry 
    Reply
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  • NewbieInTown
    ·2021-07-09
    Speechless..... ??????
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  • peterob1
    ·2021-07-09
    [Miser] 
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    • peterob1
      Up
      2021-07-09
      Reply
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  • Memories88
    ·2021-07-09
    Ok..
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  • lesandyc
    ·2021-07-09
    [Sly] maybe can buy?
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  • Skai
    ·2021-07-08
    Noted with thanks. But apes are still holding $AMC Entertainment(AMC)$ and $GameStop(GME)$ strong. Any form of attack and panic can only force the prices to go down so low before bouncing back.I'm still waiting patiently for the short squeeze! Thanks HFs for the donation in advance! 
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  • seb59
    ·2021-07-08
    Ok
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  • stbt
    ·2021-07-08
    Ko
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