Shares of GameStop Corp. GME,
rose 11% in premarket trading on Wednesday, a day after stocks closed at their highest point since the end of January and pushed their market cap back over $ 17 billion. After falling by about 90% from the highs of the meme stock buying frenzy in January, GameStop shares have risen more than 108% in the last five trading sessions, including a 27% gain on Tuesday. Shares closed the regular session on Tuesday at $ 246.90, apart from a record close of $ 347.51 on January 27th. Premarket earnings involve a $ 19 billion market cap. Other meme stocks, which were captured in January trading, were also larger premarket. AMC Entertainment Holdings Inc. I HAVE C,
increased 6% before quarterly earnings scheduled for launch after market close. BlackBerry Ltd. BB,
increased by 2.3%, Naked Brand Group Ltd. NAKD,
increased by 1%, and Koss Corp. KOSS,
increased by 4.6%. Futures for DJIA Dow Jones Industrial Average,
indicated a slightly larger opening, while the future for the S&P 500 SPX,
indicated a smaller opening.