Shares of GameStop Corp. GME,
they again suffered a loss on Monday as they fell 6.4% in midday trading, with a sharp drop in trading volume suggesting that investor interest may decline. Shares opened 5.9% at $ 60.00, rising to 13.9% to an intraday high of $ 72.66 before falling again. Trading volume was only 17.4 million shares shortly after noon, compared to the full day average of about 53.2 million over the last 30 days. The fall in price and volume comes after shares fell 80.4% last week, the largest weekly drop in public stock history. The total volume during last week’s decline was 302.04 million shares, compared to the volume of 559.24 million shares, as shares soared 399.9% the previous week. Meanwhile, the other action was caught in the commercial frenzy surrounding companies with high deficiencies, AMC Entertainment Holdings Inc. AMC,
it fell 12.3% on Monday at noon, after falling 48.5% last week. AMC’s shares remained quite active; with 95.6 million shares traded, they were the most active in New York City, although the volume was less than half the average full day over the past 30 days, about 208.1 million shares. actions. GameStop and AMC stock declines come one day as the S&P 500 SPX,
increased 0.4% toward a record close.