GameStop set for second straight day of gains

ContextLogic Holdings

26/05/2022 16:24

** Shares of GameStop Corp  GME.N  surge as much as ~26% in
early trade before paring gains; last up ~20%
    ** GME among top five trending stocks on Stocktwits
    ** Shares rise for second straight day after U.S. Securities
and Exchange Commission charged online brokerage TradeZero
America and its co-founder for falsely telling customers that
they did not restrict purchases of volatile "meme" stocks last
year  urn:newsml:reuters.com:*:nL2N2XG23U
    ** Other meme stocks AMC Entertainment Holdings Inc  AMC.N ,
BlackBerry Ltd  BB.TO , Newegg Commerce Inc  NEGG.O  and
ContextLogic Inc  WISH.O  up 1.8% to 9.7%
    ** GME set to report results on June 1; stock down ~23% this
year, up to Wednesday's close
    

 (Reporting by Yuvraj Malik)
 ((yuvraj.malik@thomsonreuters.com))