Shares of GameStop Corp. GME,
it jumped 11% in premarket trading on Wednesday, a day after stocks closed at their highest point since late January and pushed their market capitalization above $ 17 billion. After dropping about 90% from the highs of the meme buying frenzy in January, GameStop shares have soared more than 108% in the last five trading sessions, including Tuesday’s 27% gain. Shares closed Tuesday’s regular session at $ 246.90, off a record close of $ 347.51 on Jan. 27. Pre-market profits involve a capitalization of $ 19 billion. Other meme stocks, which were caught in the January trade, were also a top market. AMC Entertainment Holdings Inc. AMC,
increased 6% ahead of quarterly earnings forecast for launch after market close. BlackBerry Ltd. BB,
increased 2.3%, Naked Brand Group Ltd. NAKD,
rose 1% and Koss Corp. KOSS,
rose 4.6%. Futures for the Dow Jones Industrial Average DJIA,
indicated a slightly higher opening, while futures for the S&P 500 SPX,
they indicated a lower opening.