Slideshow ( 2 images )(Reuters) - Small-time stock traders turned their attention to the biotech and healthcare sectors on Monday, lifting shares of some by as much as 10%, while the rally in stocks that were favored in recent weeks appeared to fade.
Video game retailer GameStop Corp and cinema operator AMC Entertainment, which were at the center of the so-called “meme stock” rally this year, have seen their share price soar more than 1,100% since the end of December.
AMC shares were up 3.5% in early deals after jumping more than 300% in the past three weeks.
GameStop shares rose 1.1%, while Vaxart was up 1.6%.
The company - which has a short interest of 18.25% of free float, according to Refinitiv data - was the top trending stock on Stocktwits, with a 26.9% jump in message volume.
Novavax Inc, Vaxart Inc, COVID, GameStop Corp, AMC Entertainment, AMC, GameStop, Corsair Gaming Inc