A person walks past a GameStop in the Manhattan borough of New York City, New York, U.S., January 29, 2021.
REUTERS/Carlo Allegri/File PhotoShares of GameStop Corp (GME.N) fell 7% and Clover Health Investments Corp (CLOV.O) jumped 6.4% in early deals on Thursday, setting the stage for another roller coaster session for stocks favored by small-time investors on social media platforms.
Shares of cinema operator AMC Entertainment Holdings Inc (AMC.N) were down 4.1%, while prison operator Geo Group Inc (GEO.N), the latest "meme stock", slumped 8.8%, after surging more than 38% on Wednesday.
In the past two weeks, the so-called "meme stocks" have received $1.27 billion of retail inflows, Vanda Research said on Wednesday.
That matched their peak in January, when the surge in GameStop shares squeezed short sellers and further boosted the stock price.
Carlo Allegri, Inc's, Edward Moya, Moya, Clover, Vanda
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