GameStop, Koss and AMC Soar Premarket as Brokerages Lift Restrictions By Investing.com

By Peter Nurse 

Investing.com — ‘Meme stocks’ – the handful of names heavily shorted by hedge funds but increasingly broadly owned by retail investors – are all sharply higher in premarket trade on Friday, January 29th, after online broker Robinhood and others said they will lift trading restrictions for this session.

• GameStop (NYSE:GME) stock soared 108%, 

• Koss (NASDAQ:KOSS) stock rose 114%

• AMC Entertainment (NYSE:AMC) stock rose 63%

• Bed Bath & Beyond (NASDAQ:BBBY) stock rose 16%

• BlackBerry (NYSE:BB) stock gained 19%

• Naked Brands (NASDAQ:NAKD) stock rose 41%