GameStop, AMC jump as retail trading frenzy builds
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FILE PHOTO: A GameStop store is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri
(Reuters) - Shares of videogame retailer GameStop and movie theater operator AMC Entertainment Holdings jumped 6.4% and 18.4%, respectively, in early pre-market trading on Monday.
The moves build on a rally of more than 200% last week for AMC and nearly 400% for GameStop that was fueled by a social media-driven trading frenzy.
(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Bernard Orr)
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