Not even speculation of a partnership with fellow meme stock trader favorite AMC Entertainment has been enough to arrest the selling pressure in shares of one-time 2021 market darling GameStop (GME).
Shares of the gaming retailer turn self-described tech company have dropped 12% so far in September, far worse than the 2% respective drops in the S&P 500 and Nasdaq Composite. GameStop’s stock is also among the laggards of the popular meme stock group this month — AMC’s stock has gained 8.5%…
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