GameStop’s Earnings Surprise Is Squeezing Shorts. Meme Stocks Are Rallying.

GameStop

‘s first worthwhile quarter since January 2021 despatched the inventory surging. The transfer is squeezing brief sellers and lifting

AMC Leisure

and

Mattress Bathtub & Past

shares, too.

GameStop (ticker: GME) inventory was up 49% in premarket buying and selling after the agency reported earnings of 16 cents a share, nicely above the lack of 16 cents a share Wall Avenue analysts have been anticipating. AMC Leisure Holdings (AMC) shares have been up 7% and

Mattress Bathtub & Past

(BBBY) shares have been up 8%.