GameStop Corporation (NYSE: GME) shares soared 22% higher in the regular and after-hours sessions combined on Monday.
What Happened: The video game retailer .
MicroVision, Inc (NASDAQ: MVIS) shares closed over 47% higher in the regular session on Monday and spiked another 9% in the after-hours trading.
What .
GameStop shares soar another 10% premarket, lifting other meme stocks AMC, Naked Brand and Koss too MarketWatch 2 hrs ago
MARKET PULSE
Shares of videogame retailer GameStop Corp. rose another 10% in premarket trade Tuesday, extending their prior-day gains amid talk on social media that trader in South Korea have joined the Reddit group seeking to push their bull case for the company. The stock was active late Monday after an after-market announcement that it had completed its at-the-market stock offering by selling 3.5 million shares for about $551 million. That was after the stock closed up about 12% in regular trade, chalking up its first double-digit gains since March 12. Other so-called meme stocks were also higher, with AMC Entertainment Holdings Inc. up 2.4%, BlackBerry Ltd. up 1%, Naked Brand Group Ltd. up 1.9% and Koss Corp. up 1.6%.
Share:
Technology company Microvision, Inc (NASDAQ: MVIS) closed over 36% higher on Friday and is capturing the imagination of retail traders on r/WallStreetBets, a Reddit forum associated with the GameStop Corp (NYSE: GME) short squeeze earlier in the year.
What Happened: Microvision which works on laser scanning, 3D sensing, and projection technology was the most mentioned stock on a 24-hour basis on WallStreetBets, according to Quiver Quantitative’s tracker.
The Redmond, Washington-based company attracted 230 mentions on the forum, while GameStop and
Tesla Inc (NASDAQ: TSLA) racked up 110 and 102 mentions each.
r/WallStreetBets Trends Courtesy Of Quiver Quantitative. MVIS outpaces historically more popular stocks like GME and TSLA.